High-growth fast-casual burger chain Jack in the Box (NASDAQ:JACK) wants its shareholders to know that it has their best interests at heart. As part of a more than $1 billion attempt to "return capital to shareholders" via share buybacks and dividends, the company announced a new $200 million share repurchase program on Sept. 21, 2015. This follows more than $272 million in share buybacks in the last fiscal year.
All of this has been done as shares have reached all-time highs, having more than tripled in the last five years. Buybacks can indeed be beneficial, but as with anything else in corporate America, what really matters is the price paid for the shares in question.
Is Jack in the Box overpaying for its own shares, or should the benefit of doubt be given to a management team that has succeeded where so many restaurants have failed in recent years? Click on the slideshow below to find out.
Sean O'Reilly has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.