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Written question asked by Lord Patten (Conservative) on Thursday, 12 October 2017, in the House of Lords. It was due for an answer on Thursday, 26 October 2017. It was answered by Lord Prior of Brampton (Conservative) on Thursday, 19 October 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


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Question

To ask Her Majesty's Government what assessment they have made of the impact of public company share buybacks on the economy.

Answer

In its response of 29th August to the Corporate Governance Reform green paper consultation, the Government stated that it will take forward its manifesto commitment to commission an examination of the use of share buy-backs by public companies. The Department for Business, Energy and Industrial Strategy will shortly be commissioning research to underpin this work. The research will consider the impact of share buy-backs both on executive remuneration outcomes and on investment by public companies.


Secondary information

Type
Written question
Reference
HL1971
Session
2017-19
Related items
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Tuesday, 31 October 2017
Written questions
House of Lords
Subjects
Shares
Contains statistics
Yes
Link
View this Written question on www.parliament.uk