Linde Announces New $15B Buyback Program
Portfolio Pulse from Benzinga Newsdesk
Linde has announced a new $15 billion buyback program.
October 23, 2023 | 1:12 pm
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POSITIVE IMPACT
Linde's new $15 billion buyback program could potentially increase the company's stock price.
Stock buybacks often lead to an increase in the stock price as they reduce the number of shares outstanding, which increases earnings per share. This could make Linde's stock more attractive to investors, potentially leading to an increase in the stock price.
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