As economy and net income recover, companies increase share repurchases

As economy recovers, companies increase buybacks

More companies are announcing stock repurchase programs this year than last.

Here’s are three buyback announcements made Monday:

— Cablevision Systems Corp.’s board approved a repurchase of up to $500 million of its Class A common stock.

— Electronic fixed-income trading platform MarketAxess authorized the repurchase of up to $30 million in shares over the next two years.

— Drugstore operator CVS Caremark Corp. approved a new share repurchase program for up to $2 billion of its stock.