Company Buys Back $6bn of its Own Stock

Stock buybacks like these often lead to increased share prices ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏  ͏ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­ ­  

You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please unsubscribe here. Prefer to view this content on our website? Click here. Dear Fellow Investor, Always keep an eye on stock buybacks. Most of them increase shareholder value by reducing the total number of outstanding shares, which then increases the value of a stock. Essentially, it’s a company’s way of reinvesting in itself and rewarding shareholders. Company: General Motors (SYM: GM) Look at General Motors (SYM: GM), for example. The company just raised its quarterly dividend by 25% to 15 cents a share, and initiated a new $6 billion share buyback program. About $2 billion of that is expected by the second quarter. Since 2023, the company has now announced $16 billion in stock buyback programs, which resulted in buying back more than a billion outstanding shares. “We feel confident in our business plan, our balance sheet remains strong, and we will be agile if we need to respond to changes in public policy,” CFO Paul Jacobson said, as quoted by CNBC. “The repurchase authorization our board approved continues a commitment to our capital allocation policy.” Huge Alerts Lithium’s Surge Is Back—Is This the Next Big Winner? This growing NASDAQ-traded lithium firm looks positioned to capitalize as lithium makes an explosive comeback. Many analysts are BULLISH, and multibillion dollar industrial conglomerates have invested $30 million in this company as an emerging lithium explorer that has the LARGEST exploration portfolio for lithium and other battery minerals in Brazil! Get the ticker here Company: Dycom Industries (SYM: DY) Dycom Industries (SYM: DY), which provides specialty contracting services, just announced a $150 million share buyback plan. Even better, shares of DY have become technically oversold at support dating back to December. It’s also over-extended on RSI, MACD and Williams’ %R. from its last traded price of $171.94, we’d like to see DY initially retest $203. Recent earnings were also solid. EPS of $2.68 beat estimates by 37 cents. Revenue of $1.27 billion, up 11.4% year over year, beat by $50 million. MarketBeat Discover the next Magnificent 7 Stocks—FREE The Magnificent Seven stocks—Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms, and Tesla—are true market leaders. However, as these companies have matured, the opportunities to replicate their meteoric returns have become fewer. But now we have identified what we believe will be the Next Magnificent 7. And I’ll give you all 7 names absolutely FREE. These global companies are positioned to surge in 2025, with growing market share and cash flows, In short, they could give you the chance to buy the next Apple, Amazon, or Tesla… while they are still under the radar of most investors. Break free from the investing herd and With The New Mag 7. Get Your Copy of "These 7 Stocks Will Be Magnificent in 2025" Here. (By clicking the link above, you will get this free report and a free subscription to MarketBeat's daily email newsletter. You are also agreeing to the terms of our privacy policy. Unsubscribe at any time.) Company: Taboola.com (SYM: TBLA) Advertising and tech company, Taboola.com (SYM: TBLA) announced a $240 million buyback program. The company also posted EPS of 10 cents, which missed by a penny. Revenue of $491 million, up 17% year over year, beat by $14.18 million. Mode Mobile Big Data gold rush: $PLTR passes $250B. $MODE prepares Palantir just rocketed to $250 billion by helping companies extract value from user data. The big data gold rush is here, but the company that stands to profit the most may not be Palantir… A new disruption to smartphones gives users a share in the data profits, already facilitating +$325M in earnings and generating +$60M in revenue. Behind this profit-sharing data model is Mode Mobile’s EarnPhone, a device that simply pays users for the day-to-day activities they are already doing. Click here for all the details on $0.26 shares with up to 2X bonus shares. Are there any other companies with recently announced buyback programs that you have your eye on? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our Privacy Policy or our Legal Notices. We are issuing this disclosure in compliance with Section 17(b) of the Securities Act, which requires us to disclose any compensation received or expected to be received in cash or in kind in connection with the purchase or sale of any security. We would like to inform you that we have received or expect to receive compensation in connection with the purchase or sale of the securities of Atlas Lithium Corporation (NASDAQ: ATLX). The compensation consists of up to $3,500 and was received/will be received from Sideways Frequency. This compensation should not be considered as an endorsement of the securities of adviser Atlas Lithium Corporation (NASDAQ: ATLX) and we are not responsible for any errors or omissions in any information provided about the securities of Atlas Lithium Corporation (NASDAQ: ATLX) by Huge Alerts or Sideways Frequency. We encourage you to conduct your own due diligence and research before making any investment decisions. You should also consult with a financial advisor before making any investment decisions. This disclosure is made as of 02/27/2025. We are issuing this disclosure in compliance with Section 17(b) of the Securities Act, which requires us to disclose any compensation received or expected to be received in cash or in kind in connection with the purchase or sale of any security. We would like to inform you that this is a paid advertisement for Mode Mobile Reg A offering and we have received or expect to receive compensation in connection with the disbursing this communication for Mode Mobile . The compensation consists of up to $5,000 and was received/will be received from Mode Mobile. This compensation should not be considered as an endorsement of the securities of Mode Mobile and we are not responsible for any errors or omissions in any information provided about the securities of Mode Mobile. We encourage you to conduct your own due diligence and research before making any investment decisions. You should also consult with a financial advisor before making any investment decisions. This disclosure is made as of 2/27/2025. Behind the Markets Unsubscribe invisiblelink