buybacks
Coverage of buybacks in the Nexus archive.
- Berkshire Hathaway posted higher profit as Greg Abel ramped up buybacks and stock purchases
Berkshire Hathaway posted higher profit, reporting operating earnings that rose 16% to $12.98 billion. The company utilized this period to spend $4.5 billion on buybacks and became a net buyer of equities.
- Abel puts a big chunk of Berkshire's cash to work
During his second quarter as the CEO of Berkshire Hathaway, Greg Abel initiated serious spending. His financial activities included using $4.5 billion specifically for buybacks.
- SK Hynix Climbs as Investors Bet on Shareholder Return Plan
Shares of SK Hynix Inc. advanced due to an overnight rally in US chipmakers and speculation about potential buybacks and a broader shareholder return plan. The stock climbed as investors anticipated details of the company's shareholder return strategy.
- Elliott presses Bunzl for buybacks after building stake
Elliott, a US activist hedge fund, is urging Bunzl, a UK business supplies distributor, to pursue buybacks after acquiring a stake. Bunzl is the latest UK target for Elliott's investment strategy.
- Wall Street’s IPO boom threatens era of shrinking US stock supply
The surge in initial public offerings (IPOs) from companies like SpaceX, Anthropic, and OpenAI, combined with slowing stock buybacks, may reduce critical support for equities, according to investor warnings. This trend challenges the recent period of decreasing US stock supply.
- ‘The low is almost in’: Standard Chartered says bitcoin bottom near after tough week for crypto
Standard Chartered predicts bitcoin's low is nearing, citing resilient ETF holdings and potential strategy buybacks amid a challenging week for the crypto market.