TSX:MRUConsumer Retailing
Metro (TSX:MRU) Valuation Check After New Share Buyback Authorization
Metro (TSX:MRU) just rolled out a new share buyback plan, authorizing repurchases of up to 10 million shares, roughly 5% of its float. This move signals management’s confidence and capital discipline.
See our latest analysis for Metro.
The new buyback comes after a steady climb, with the share price up about 10.7% year to date and a three year total shareholder return of roughly 34%, suggesting momentum is still quietly building rather than fading.
If Metro’s disciplined capital returns have...