3 Stocks With Sky-High Buyback Yields Over the Last 12 Months

When it comes to stock buybacks, announcements of new repurchase programs are important to stay aware of. However, announcing a share repurchase program is very different from actually buying back shares. Unlike dividends, when a company announces a share repurchase program, it is not obligated to actually execute it. This is one reason many companies prefer to return capital to shareholders using buybacks rather than dividends. It gives them added flexibility in how they can use the cash on their balance s ...