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7 Buyback Kings to Buy as Corporate Cash Floods the Market
AdobeAdobe(US:ADBE) InvestorPlace·2024-04-16 17:33

With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks.Share repurchases may have their social and political critics, but from the investor’s standpoint, stock buybacks can be an effective tool for a company to maximize shareholder value. By reducing the amount of shares outstanding, repurchases can provide a lift for earnings per share.As stocks ty ...