13 days ago • Posted by Martin Boujol
Announced US share buybacks on the rise
The chart below represents the year-to-date announced share buybacks in the US, and shows that for 2021, they are on the rise. In general, this is a good news for stock, as not only it shows that companies have confidence in their valuation, but it also reduces the number of shares available on markets, increasing the earnings per share as well as the share's value.
Source: Fidelity Investment