Buyback Bonanza: 3 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.In 2024, several companies – HCA Healthcare (HCA) , Meta Platforms (META) , and eBay (EBAY) – have unveiled repurchase programs. In addition to buybacks, all three sport a favorable Zacks Rank, reflecting positive earnings estimate ...