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HASBRO ANNOUNCED $500 million in share repurchases, in addition to the buyback program of the same scale approved in 2015. / COURTESY HASBRO INC.

Hasbro announces additional $500M share buyback

PAWTUCKET – Hasbro Inc. authorized a repurchase of an additional $500 million of its common stock, expanding its original buyback plan, the company announced...
PRESIDENT DONALD TRUMP holds up the tax overhaul legislation after signing it on Dec. 22, 2017. JPMorgan Chase analysts estimate that stock repurchases will hit a record $800 billion this year, much of it financed by the tax overhaul. / BLOOMBERG NEWS FILE PHOTO

New grist in tax-cut debate is $800B buyback estimate

NEW YORK – Flush with cash from President Donald Trump’s tax overhaul and bathing in more earnings than they know what to do with,...

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