Share buybacks are not the problem. Mark Roe, September 6, 2015, Opinion. “Stock buybacks are big and controversial. Hillary Clinton, the frontrunner for the US Democratic presidential nomination, says they undercut the American economy at the expense of needed investment. Larry Fink, head of BlackRock, wrote that buybacks ‘deliver immediate returns to shareholders’ while their companies are ‘underinvesting in innovation, skilled workforces or essential capital expenditures.’ High-end publications┬ápronounce stock buybacks to be killing the American economy and, as buybacks spread in Europe and Asia, they have become more controversial…Link