China Shengda Packaging Stock Buybacks (Quarterly)
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China Shengda Packaging Stock Buybacks (Quarterly) Chart
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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)
View Stock Buybacks (Quarterly) for CPGI.
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CPGI Stock Buybacks (Quarterly) Benchmarks
|Graphic Packaging Holding||Go Pro|
|Packaging Corp of America||Go Pro|
CPGI Stock Buybacks (Quarterly) Range, Past 5 Years
|Minimum||Go Pro||Dec 2011|
|Maximum||Go Pro||Sep 2011|
Street Insider Nov 13
PR Newswire Nov 13
PR Newswire Aug 14
PR Newswire Jun 17
PR Newswire May 13