Buybacks

Shorts and shares on credit, a problem of information

Share buybacks reach a new record in Europe ($17 billion in August and $170 billion year-to-date), keeping stock markets at record highs

According to analysis by Morgan Stanley, share buybacks in Europe reached approximately $17 billion in August, making it the highest August on record (+14% year-on-year). Year-to-date cumulative buybacks in Europe have now risen to ~$170 billion, an all-time high and 12% above the previous record. Measured in U.S. dollars, the largest programs include: Shell: program exceeding $7 billionNovartis: over $6 billionBP: over $3.5 billionUBS, TotalEnergies, and SAP: over $3 billion…


Stock Markets

Volumes of Buybacks easing this year to $870 B

Morgan Stanley | In 2021, we saw record volumes of buybacks ($882 billion). And while we estimate that volumes will remain in a range of $850-1 trn, the pressure on margins derived from the uptick in costs could start to put pressure on EPS as well as on future buybacks. To find out whether companies are going to continue with buyback programmes…or if they will adopt a policy of keeping…


nestle

Buy-Backs Do Not Matter In Europe

Like any unaware retail investor, CEOs buy high and sell low. So now that markets are up and, even though big European corporates have been flush with cash over the last 5-7 years, “the buzz word is about buy-backs again,” says Carax-Alphavalue’s analysts.


USA stock exchange

Buybacks Are More A Symptom, Not A Cause

A buyback is the repurchase by a company of its outstanding shares in the stock market. They can have a variety of intentions for doing that, but the most immediate impact is to keep the share price higher than it would be without this additional demand.