3 Top Stock Buybacks – Week of 12/31

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 –

Empire State Realty Trust, Inc. – SYM: ESRT
Recent Price: $9.89
Buyback Action: The Board of Directors approved a new $500 million share repurchase program, equal to around 31% of its market cap at announcement.
Description: Empire State Realty Trust, Inc. (NYSE: ESRT) is a NYC-focused REIT that owns and operates a portfolio of modernized, amenitized, and well-located office, retail, and multifamily assets. The company is the recognized leader in energy efficiency and indoor environmental quality.

===
Gold Is Headed Above $3,000 per Ounce (Here’s How to Play It)

gold bar

With so many strange events happening across the economy (the longest bear market for bonds since the Civil War… unprecedented bank closures… and soaring prices), it’s no wonder the richest investors are loading up on gold. But what you might not realize is there’s a much better way to profit from rising gold prices – WITHOUT ever touching an ETF, mining stock, or even bullion.

Get the full details here.

===

Tri Pointe Homes, Inc. – SYM: TPH
Recent Price: $35.79
Buyback Action: The Board of Directors authorized a $250 million stock repurchase program, equal to around 7% of its market cap at announcement.
Description: Tri Pointe Homes, Inc. engages in the design, construction, and sale of single-family attached and detached homes in the United States. The company operates through a portfolio of six regional home building brands comprising Maracay in Arizona; Pardee Homes in California and Nevada; Quadrant Homes in Washington; Trendmaker Homes in Texas; TRI Pointe Homes in California, Colorado, and the Carolinas; and Winchester Homes in Maryland and Northern Virginia. It operates active selling communities, and owned or controlled lots. The company sells its homes through own sales representatives and independent real estate brokers. It also provides financial services, such as mortgage financing, title and escrow, and property and casualty insurance agency services. The company was formerly known as TRI Pointe Group, Inc. and changed its name to Tri Pointe Homes, Inc. in January 2021. Tri Pointe Homes, Inc. was founded in 2009 and is based in Incline Village, Nevada.

===
Top stocks and sectors to buy now

Hedge Funds are Devouring These Stocks. Which stocks are major institutional investors, including hedge funds buying now? Get MarketBeat’s list of 13 stocks Institutional investors are up as quickly as they can.

Download FREE here

===

Tremor International Ltd – SYM: TRMR
Recent Price: $5.12
Buyback Action: The Board of Directors authorized a $20 million stock repurchase program, equal to around 5% of its market cap at announcement.
Description: Tremor International Ltd provides end-to-end software platform that enables advertisers to reach relevant audiences and publishers. The company’s demand side platform (DSP) offers full-service and self-managed marketplace access to advertisers and agencies to execute their digital marketing campaigns in real time across various ad formats. Its sell supply side platform (SSP) provides access to data and a comprehensive product suite to drive inventory management and revenue optimization. The company also offers data management platform solution, which integrates DSP and SSP solutions enabling advertisers and publishers to use data from various sources in order to optimize results of their advertising campaigns. It serves ad buyers, advertisers, brands, agencies, and digital publishers in Israel, the United States, the Asia-Pacific, Europe, the Middle East, and Africa. The company was formerly known as Taptica International Ltd. and changed its name to Tremor International Ltd in September 2015. Tremor International Ltd was incorporated in 2007 and is headquartered in Tel Aviv-Yafo, Israel.

deal of the month

best growth stocks

Alliance

Bundle package – lifetime subscriptions for all products

Categories

Recent posts

Tags

Connect with Us

Get FREE Daily Stock Tips

Join and receive market insider stock picks, trade alerts and unique investing insights
This field is for validation purposes and should be left unchanged.
By clicking the "Subscribe" button you are accepting our Terms of Use and Privacy Policy.

Join Waitlist

We’re sorry, but due to the popularity of our services, we have reached our max number of subscribers and are not currently accepting more. If spots become available, we will be sure to contact you. Please join the waitlist below.
Thank You!

"*" indicates required fields

Name*
This field is for validation purposes and should be left unchanged.