NYSE:RBACommercial Services
A Look At RB Global (RBA) Valuation After Announcing US$500 Million Share Buyback Program
RB Global (RBA) has put a new US$500 million share repurchase plan on the table, targeting up to 10,000,000 shares. The move immediately shifts attention to capital allocation and shareholder returns.
See our latest analysis for RB Global.
The buyback news comes after a softer period for the shares, with a 7 day share price return of 6.72% and a 90 day share price return of 5.29%. In contrast, the 3 year total shareholder return of 99.05% and 5 year total shareholder return of 91.35% indicate...