3 Stocks Ringing in The New Year with Large Buyback Announcements
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Three companies have announced large share buyback programs as a way to return value to shareholders by reducing the number of outstanding shares.
December 31, 2024 | 2:30 pm
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GEV has announced a large share buyback program, which is expected to reduce the number of outstanding shares and potentially increase the stock price.
Share buybacks typically lead to a reduction in the number of shares available in the market, which can increase the stock price due to higher earnings per share. GEV's announcement of a large buyback is likely to have a positive impact on its stock price.
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RELEVANCE 80