Massive Buybacks: 3 Stocks Returning Big Cash to Shareholders
From Nasdaq: 2025-02-26 07:00:00
Company size plays a critical role in the impact of share buyback programs on earnings per share. Three firms with significant buyback capacity are Fiserv, Analog Devices, and Allison Transmission. Fiserv’s $18 billion buyback capacity is 14% of its market cap, while Analog’s $11.5 billion capacity is 9.8% of its value, and Allison’s $5 billion capacity equals 59% of its market cap.
Fiserv has a history of utilizing its buyback capacity, spending $5.5 billion on repurchases in 2024, a 120% increase from 2022. Analog Devices recently announced a $10 billion buyback program and an 8% dividend increase, giving it a strong dividend yield compared to its sector and industry. Allison Transmission’s $1 billion share buyback authorization brings its total capacity to $5 billion, 59% of the firm’s value, and the stock has achieved a total return of 163% over the last three years, outperforming the S&P 500. 1. In a recent study, researchers found that over 70% of plastic waste generated in the UK is not being recycled properly. This has led to a rise in pollution levels and environmental damage, prompting calls for stricter recycling regulations.
2. The unemployment rate in the US has dropped to 3.9%, the lowest it has been in over a decade. This is a positive sign for the economy and job market, with more people finding employment opportunities across various sectors.
3. A new report reveals that global temperatures have risen by 1.2 degrees Celsius since pre-industrial times. This alarming increase is attributed to human activities, such as burning fossil fuels and deforestation, highlighting the urgent need for climate action to prevent further warming.
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