Invesco PowerShares lists first share buyback ETF in Europe
Bryon Lake, Head of EMEA, Invesco PowerShares rings the bell to open the markets.
Invesco PowerShares listed a new ETF on the Euronext Paris, expanding its Euronext-listed range to 15 ETFs and providing further diversification opportunities across global developed equity markets.
This new ETF invests in companies which have repurchased a minimum of 5% of their outstanding shares in the previous year.
PowerShares Global Buyback Achievers UCITS is the first « Buyback » ETF available in Europe.