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Cresud SACIF y A (CRESY.OQ)

CRESY.OQ on NASDAQ Stock Exchange Global Select Market

12.09USD
4:00pm EDT
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A bad sign? Argentine companies launch buyback wave

BUENOS AIRES, Aug 1 Argentine companies have launched the biggest wave of share buybacks in a decade, a Reuters review of securities filings shows. The firms say the buybacks show faith in their share prices, but some skeptical analysts see a hesitancy to invest that may signal the economy is sliding toward recession.

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