NasdaqGS:MKTXCapital Markets
Assessing MarketAxess (MKTX) Valuation After Announcing a New $400 Million Share Buyback Plan
MarketAxess Holdings (MKTX) just rolled out a fresh share repurchase plan, with Board approval to buy back up to $400 million of stock. This move often signals management confidence and supports shareholder returns.
See our latest analysis for MarketAxess Holdings.
The buyback comes after a choppy stretch, with a 10.55% one-month share price return offering a brief rebound against a year-to-date share price decline and deeply negative multi-year total shareholder returns. This suggests that...