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These companies are buying back stock like crazy.
Stock buybacks reduce the number of shares outstanding and increase the percentage that investors own of a company. In this video, Travis Hoium highlights five companies buying back stock and adding tremendous value to shareholders in the process.
*Stock prices used were end-of-day prices of Aug. 28, 2023. The video was published on Aug. 30, 2023.
Travis Hoium has positions in Dropbox. The Motley Fool recommends Lowe's Companies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link, they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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