What to Do When a Company Buys Back Stock
Robert R. Johnson
Investors in individual stocks are familiar with notices of corporate buybacks – when a company goes to the open market to repurchases shares it had once sold to the public.
Reducing shares in circulation raises earnings per share, which should push share prices up, and buybacks are usually touted as a signal executives are confident and think their shares are a bargain.
Brown, Jeff, "What to Do When a Company Buys Back Stock" (2016). In the News. 1540.