Stock
Buybacks are essential for financial engineering. If a company has strong cash
flows but only low abilities to grow while their business operates with strong
competitor entry barriers, it makes definitely sense to create shareholder
value by buying back own shares.
Paying out the whole net income of the company is also
a good option but second choice if you compare the tax payments from both
sides, the shareholder and corporate.
Today I would like to show you the most important
buyback stocks. Apple is definitely the king of them. The smartphone maker bought back own stocks in an amount of nearly USD 40 billion over the past year.
In general, technology is the most represented sector on the list of the best buyback stocks of the past year.
Microsoft, Qualcom, Oracle and Intel also join the exclusive club of the buyback kings.
In general, technology is the most represented sector on the list of the best buyback stocks of the past year.
Microsoft, Qualcom, Oracle and Intel also join the exclusive club of the buyback kings.
These are the Top 10 companies by dollar buyback
volume of the latest quarter....
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| Top 10 companies by dollar buyback volume of the latest quarter (click to enlarge) |
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| Top 10 companies by dollar buyback volume of the past year (click to enlarge) |
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| Top 10 companies by dollar buyback yield (click to enlarge) |