Cbeyond (CBEY)
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Cbeyond Stock Buybacks Chart
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Cbeyond Historical Stock Buybacks Data
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About Stock Buybacks
Stock buybacks are when companies buy back their own stock, removing it from the marketplace. Stock buybacks increase the value of the remaining shares because there is now less common stock outstanding and company earnings are split among fewer shares.
Buybacks are sometimes an indication that a company perceives their stock to be undervalued, but it is up to the investor to determine if the company is correct. Companies that are favorable to shareholders may often issue dividends and perform stock buybacks. For an example of a company that has performed a lot of stock buybacks, see Washington Post (WPO)
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CBEY Stock Buybacks Rankings
| Overall |
81st percentile 1466 of 8009 |
| Sector |
75th percentile 230 of 952 in Technology |
| Industry |
69th percentile 32 of 104 in Communication Equipment |
CBEY Stock Buybacks Range, Past 5 Years
| Minimum | Go Pro | Jun 2010 |
| Maximum | Go Pro | Sep 2011 |
| Average | Go Pro |