NYSE:ETSYMultiline Retail
Etsy (ETSY): Valuation Check After New $750 Million Buyback and Leadership Overhaul
Etsy (ETSY) shares climbed after the board approved a fresh 750 million dollar buyback, lifting total potential repurchases to nearly 1 billion dollars and announcing a revamped leadership lineup.
See our latest analysis for Etsy.
The new buyback plan and leadership refresh land at a delicate moment, with Etsy’s roughly 2 percent year to date share price return contrasting sharply with a five year total shareholder return of about negative 71 percent. This suggests today’s pop could be early...