Several stocks now have the ability to buy back a very large amount of their shares. Following recent announcements, these stocks can buy back nearly 10% or more of their market cap. This means that they could significantly reduce their outstanding share count, providing a tailwind to their earnings per share (EPS). Because higher EPS often results in higher share prices, this reduction in share count can often mean higher share prices.
Below are the details on these three names. Unless otherwise indicated, all metrics use data as of the April 25 close.
