buybacks

What's the expected return on buybacks (a theoretical view)

Mar 23, 2022 2 min read buybacks

Realized return of buybacks When we think about returns on buyback programs, we normally look back and estimate the realized return of holding the company’s stock. For example, company X has the

How is VWAP calculated?

Mar 16, 2018 2 min read buybacks

When equity brokers pitch their share repurchase capabilities to corporations, they never fail to mention their ability to outperform VWAP. When asked how they outperform so consistently, the answers tend to be non-answers: