From Investing.com: 2024-11-20 09:59:00

In 2024, secondary equity issuance announcements are below previous years, with buybacks dominating the market and on track for a record year. The ETF boom is creating new funds weekly to meet investor demand, leading to a shortage of ticker symbols. Uncertainty surrounding the election may have contributed to lower corporate capex and M&A trends, but there’s hope for renewed “animal spirits” in 2025. The rise of private markets could be limiting new IPOs, impacting existing companies’ offerings. A potential easing of regulatory burdens may influence equity offerings, with the real economy showing signs of growth opportunities. Credit spreads are tight, indicating healthy corporate balance sheets and potential opportunities in the bond market. M&A trends are being closely monitored, with buybacks remaining popular among S&P 500 companies. Despite some improvements in secondary equity offerings, buybacks continue to be the preferred choice for many companies.



Read more at Investing.com: Another Soft Year for Secondaries: Changes on the Way in 2025?