Comment on Eaton Corp. Has Bought Back $100 Million Worth of Shares So Far in 2016. Should Investors Be Happy?

Eaton Corp. Has Bought Back $100 Million Worth of Shares So Far in 2016. Should Investors Be Happy?

Image source: Eaton Corp.Eaton Corp. (NYSE: ETN) is a global industrial giant with a storied history. Right now, like so many in the industrial space, it's facing a sales slowdown. And it's decided to buy back stock -- a lot of it. Indeed, Eaton Corp. has bought back $100 million worth of shares so far in 2016, with millions more on tap.

 

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