Investing success with long-term stock buybacks from Meta Platforms, Booking Holdings, and Alphabet.
From Nasdaq: 2024-06-02 07:15:00
Investing success lies in buying low and selling high, but it’s easier said than done. Holding investments long term and identifying companies with share buybacks can help. Meta Platforms, with $12.5 billion in free cash flow, reduced its outstanding shares by 11% in five years, benefiting shareholders.
Booking Holdings, despite being smaller, boasts a remarkable 21% reduction in outstanding shares over five years. With $26 billion in buybacks, the company has seen shares rise by 120%, proving the effectiveness of stock repurchases for investors.
Alphabet, like Meta Platforms, generates significant cash from Google advertising. With $61.7 billion in Google ad revenue, the company reduced shares outstanding by 11% over five years. Alphabet also announced a dividend and repurchase program worth $70 billion, emphasizing the benefits of long-term stock buybacks for investors.
Read more at Nasdaq: 3 Buyback Titans That Could Help Set You Up for Life
