Canterbury Park Holding Corporation (CPHC)

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11.40 +0.00  +0.04%   NASDAQ May 22, 8:00PM BATS Real time Currency in USD

Canterbury Park Holding Corporation Stock Buybacks

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Canterbury Park Holding Corporation Stock Buybacks Chart

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Canterbury Park Holding Corporation Historical Stock Buybacks Data

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Dec. 31, 2012 Go Pro
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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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