Summary: What are share buybacks and why are they inconsistent with an impact portfolio? And most relevantly - what can asset owners do to counter the public equity trend toward share buybacks? Last year Larry Fink issued a strong call against share buybacks for institutional investors. We reviewed the issue and some potential engagement strategies for our community. The webinar was led by Eli Staub, Deputy Director for Research at the SEIU, who has thought about the relationship between share buybacks and inequality more than pretty much anyone else. If you are interested in joining a nascent initiative around share buybacks, please send an email to info@transformfinance.org. [These "podcasts" are the direct audio recordings of TFIN Webinars. As the original format was a video webinar, please excuse any brief technical difficulties and note that presenters may refer to slides. To watch the TFIN webinar recordings with their corresponding slide decks, please visit http://transformfinance.org/investor-resources/.]
