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Big Buybacks: 3 Large Caps Exceed 5% Repurchase Power

Key Points

  • Together, three stocks recently announced buyback authorizations of over $3.5 billion.
  • Each of these names now has a buyback capacity greater than 5% of their market capitalization.
  • One firm intends to spend $2 billion on buybacks over the next three years, equal to over 15% of its current market cap.
  • MarketBeat previews the top five stocks to own by May 1st.

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Should You Invest $1,000 in Logitech International Right Now?

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Leo Miller
About The Author

Leo Miller

Contributing Author

Fundamental Analysis, Economics, Industry and Sector Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Logitech International (LOGI)
3.7383 of 5 stars
$75.39-3.6%0.69%17.70Hold$86.14
KeyCorp (KEY)
4.9986 of 5 stars
$14.84-0.7%5.53%-49.47Moderate Buy$18.97
Cognizant Technology Solutions (CTSH)
4.6724 of 5 stars
$73.57+0.4%1.69%16.31Hold$83.13
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