Is a share buyback always a good sign?
Buybacks usually indicate a strong balance sheet, but there is a potential downside
Last Monday morning, the Irish Stock Exchange made regulatory announcements on two of its listed companies. First, for CRH, which had bought back some of its own shares. And secondly for Ryanair, who had done similarly but as part of a continuing ‘jumbo’ share buyback programme, which has been proceeding throughout 2018. This buyback programme has got further to travel - according to the company’s plans. Both Ryanair and CRH are stars of the Irish...
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The Daily Briefing
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The Daily Briefing
What’s coming up today and what you might have missed.
