Buyback limits
Comparing two proposed laws to limit stock buybacks by corporations.
The Stock Buyback Accountability Act of 2023
would impose a tax on buybacks, as well as certain situations
when this tax would not apply (i.e. if the buyback were part of
an employer-sponsored retirement plan or employee stock
options plan).
The Reward Work Act
would prevent issuers from buying their own securities on a
national exchange:
I think the two are complementary.