Share repurchase programs are typically viewed positively by the market as they often lead to an increase in the stock price. This is due to the reduction in the number of shares outstanding, which increases earnings per share (EPS) and, consequently, the value of remaining shares. TD SYNNEX's announcement of a $2 billion share repurchase authorization signals strong confidence in the company's financial stability and future prospects. This move is likely to be interpreted by investors as a commitment to returning value to shareholders, potentially leading to a positive short-term impact on the stock price.