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Equity

Rare bullish companies still buying own stock

Philips medical hospital health respiratory from co media gallery 575x375

As the coronavirus eats into the global economy, most companies are putting their share buy-back programmes on hold — but there are exceptions. ContourGlobal, which generates power in emerging markets, has launched a new buy-back programme, while Philips is using an unusual derivative technique to adapt its plan to crisis conditions.

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