Buyback Bonanza: 3 Buy-Rated Companies Scooping Up Shares

Stock buybacks, or share repurchase programs, are commonly executed by companies to boost shareholder value. A stock buyback occurs when a company purchases outstanding shares of its stock. In its simplest form, buybacks represent companies essentially re-investing in themselves.And as of late, several companies – Meta Platforms (META) , American Eagle Outfitters (AEO) , and HCA Healthcare (HCA) – have unveiled new repurchase programs. Let’s take a closer look at each.Meta PlatformsMeta’s quarterly results ...