3 Top Stock Buybacks – Week of 12/10

Targeting stocks with recently announced buyback programs can be beneficial for investors. Buyback programs can be seen as a signal of confidence by the company’s management in the future prospects of the business. When a company announces a buyback program, it indicates that it believes its stock is undervalued and that it has excess cash available to repurchase shares, which can be interpreted as a positive sign for investors. Buybacks can also potentially increase the value of the remaining shares by reducing the total number of shares outstanding, which could lead to higher earnings per share and potentially higher stock prices.

Here are three stock buybacks for the week –

Presidio Property Trust, Inc. – SYM: SQFT
Recent Price: $1.07
Buyback Action: The Board of Directors approved a new $6 million share repurchase program, equal to around 87% of its market cap at announcement.
Description: Presidio is an internally managed, diversified REIT with holdings in model home properties which are triple-net leased to homebuilders, office, industrial, and retail properties. Presidio’s model homes are leased to homebuilders located in Arizona, Illinois, Texas, Wisconsin, and Florida. Their office, industrial and retail properties are located primarily in Colorado, with properties also located in Maryland, North Dakota, Texas, and Southern California.

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CRITICAL December 13th Warning

bubble chart

Jason Bodner here and I’m going public today with an urgent new warning. I believe the most popular investment of 2023 is set to pop…And it could all start just days from now. This has NOTHING to do with A.I. stocks. It has NOTHING to do with crypto currency, and it has NOTHING to do with high-flying tech stocks. Instead, this corner of the market you likely have cash parked in has swelled to nearly $6 trillion. Most people – maybe you – aren’t prepared.

Click here to watch this warning now.

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Brighthouse Financial, Inc. – SYM: BHF
Recent Price: $52.24
Buyback Action: The Board of Directors announced that it has approved an additional share repurchase program for up to $750 million, equal to around 24% of its market cap at announcement.
Description: Brighthouse Financial, Inc. provides annuity and life insurance products in the United States. It operates through three segments: Annuities, Life, and Run-off. The Annuities segment offers variable, fixed, index-linked, and income annuities for contract holders’ needs for protected wealth accumulation on a tax-deferred basis, wealth transfer, and income security. The Life segment provides term, universal, whole, and variable life products for policyholders’ needs for financial security and protected wealth transfer. The Run-off segment manages structured settlements, pension risk transfer contracts, certain company-owned life insurance policies, funding agreements, and universal life with secondary guarantees. Brighthouse Financial, Inc. was founded in 1863 and is based in Charlotte, North Carolina.

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Elites Are Exploiting A “Cash-Free Loophole” To Make Billions With Gold

Last year, liberal elites and sovereign nations went on a worldwide gold buying spree, pouring billions into the precious metal at rates faster than any time in history.

Why? Because they are aware of the factors at play in Biden’s economy that are the catalysts in Gold’s recent rise.

But patriotic Americans can fight back using this same loophole.

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Aware, Inc. – SYM: AWRE
Recent Price: $1.58
Buyback Action: The Board of Directors approved an additional $10 million stock repurchase program, equal to around 29% of its market cap at announcement.
Description: Aware, Inc., a authentication company, provides biometrics software products and solutions for government agencies and commercial entities in the United States, Brazil, the United Kingdom, and internationally. The company offers biometric software solution, which includes Knomi, a mobile biometric framework which provides multiple biometric modality options; AwareABIS, an automated biometric identification system used for large-scale biometric identification and deduplication; AFIX suite used for small-scale law enforcement focused biometric identification; and AFIX Tracker for fingerprint, palmprint, and latent print identification. It also provides BioSP, a service-oriented platform enables biometric system with advanced biometric data processing and management in a web services architecture; WebEnroll, a browser-based biometric enrollment and data management solution; and AwareID, an adaptive authentication platform provides biometric face and voice analysis, and document validation for cloud-based biometric application programming interfaces and turnkey services. In addition, the company offers biometrics applications, such as Nexa line, a biometric search and match SDKs including Nexa Fingerprint, Nexa Face, Nexa Iris, and Nexa Voice; and AwareXM, an interoperable fingerprint matching SDK that provides fingerprint minutiae extraction, template generation, and fingerprint authentication. Further, it sells imaging products used in medical and advanced imaging application; offers program management and software engineering services, and software maintenance services. The company sells its products, services, and solutions through systems integrators, direct, and original equipment manufacturers and value added resellers channel Aware, Inc. was incorporated in 1986 and is headquartered in Burlington, Massachusetts.

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