Neenah Paper Stock Buybacks
Neenah Paper Stock Buybacks Chart
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Neenah Paper 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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NP Stock Buybacks Benchmarks
| Companies | |
|---|---|
| Resolute Forest Products | Go Pro |
| Xerium Technologies | Go Pro |
| Fibria Celulose | Go Pro |
NP Stock Buybacks Rankings
| Overall |
91st percentile 714 of 8002 |
| Sector |
91st percentile 37 of 429 in Basic Materials |
| Industry |
76th percentile 5 of 21 in Paper & Paper Products |
NP Stock Buybacks Range, Past 5 Years
| Minimum | Go Pro | Sep 2008 |
| Maximum | Go Pro | Dec 2012 |
| Average | Go Pro |