Corporate buyback activity has been a hot topic for investment analysts and market watchers. Companies have bought back trillions of dollars of their own stock since the financial crisis. Is buyback activity propping up the stock market? Are buybacks a function of the broader economic environment? What’s next? Jake DuBois and Frank Coughlin, two Darden Capital Management student leaders spent a semester looking at the academic and industry research to gain a better understanding. A research course from the Mayo Center for Asset Management helped them to explore the topic.