Share repurchases
Cash paid to buy back common shares.
Worked example · a round-number company
Share repurchases$1.0B÷Revenue$5.0B=Share of revenue20.0%This period$1.0B÷A year before$800M− 1 =Change+25.0%How to read it
↕Neither higher nor lower is better. Shows capital allocated to repurchases.
Keep in mind
- Repurchases do not guarantee share counts fall if stock compensation or issuance offsets them.