NasdaqGS:SNEXCapital Markets
StoneX Group (SNEX): Evaluating Valuation After Announcing New Share Buyback Program
StoneX Group (SNEX) just turned some heads with its latest announcement: a new share repurchase program that will see the company buy back up to 2,250,000 of its own shares through September of next year. For investors, buybacks can be more than headline fodder. These programs are often seen as a show of management’s confidence in future prospects and can support share prices by reducing supply. If you’re weighing your options, you might be wondering if this move is a signal for what comes...