The biggest stock buybacks of 2023

In recent years, stock buybacks have emerged as an efficient way for companies looking to bolster shareholder value. By reducing the number of shares outstanding through stock buybacks, a company enhances earnings per share (EPS) by spreading its earnings across a smaller share base, thereby making the financial performance appear stronger on a per-share basis. Additionally, the decreased supply of shares in the market can contribute to share price appreciation, benefiting existing shareholders and signalin ...