CluenexGlossary · Business quality
Buybacks
A company buying its own shares, so each remaining share owns more of the business.
Why it matters
Done below fair value, buybacks are a great use of cash. Done at any price, they can waste money that could have grown the business.
How to read it
Look at shares outstanding over years: a falling count means buybacks are real, not just offsetting stock pay.
Related
In the Cluenex app, this explanation opens next to every buybacks figure, with the live reading for the stock you are looking at. Open it in Cluenex