STOCKS GOING BIG WITH BUYBACKS: BILLIONS AT STAKE!
Hold onto your wallets, folks! Major players in the market are rolling out jaw-dropping share buyback plans that could send shockwaves through Wall Street! Companies are not just dipping their toes; theyโre diving headfirst into massive repurchase programs to shower their shareholders with cash.
1. SEI INVESTMENTS: ON THE BRINK OF A RECORD-BREAKING BUYBACK!
First on our radar is SEI Investments (NASDAQ:), the heavyweight in financial services! Just announced: theyโre ramping up their buyback plan to a staggering $556 million! This means SEI is prepping to buy back a whopping 6.1% of its total market cap, and theyโre not holding back!
In 2024, SEI shattered records by spending $500 million on buybacks, and the stakes are even higher for 2025! If they tap into that full $556 million, theyโll set the bar even higher for themselves! With a juicy dividend yield of 1.4% strutting alongside, theyโre all in when it comes to returning cash to their loyal supporters!
2. BROADCOM: CHIP GIANT HURLING BILLIONS TO SHAREHOLDERS!
Guess what? The semiconductor titan Broadcom (NASDAQ:) isnโt playing games either! Buckle up for this bombshell: theyโre dishing out a new share repurchase program worth $10 billion! That’s right โ a staggering 1.2% of the company’s total market cap is up for grabs!
And get this โ they plan to unleash this cash at lightning speed by the end of 2025! Broadcom isnโt here to drag their feet; they want to kick their buyback machine into overdrive! With their stock prices dropping around 24% this year, theyโre seizing a golden opportunity to boost buybacks dramatically. This is a battle cry for those who want the best bang for their buck before itโs too late!
Oh, and letโs not forget: Broadcom just gave shareholders another reason to cheer with a 11% increase to their dividend too! The magic number for the stock’s yield? A healthy 1.3%!
3. XPO: BIG PLANS, BUT WILL THEY GO ALL OUT?
Last but certainly NOT least is XPO (NYSE:). This logistics powerhouse is unleashing a breathtaking $750 million buyback authorization! With a market cap of about $11 billion, thatโs a chunky 6.8% of its total worth theyโre ready to play with!
But wait! Theyโve been a bit of a tease in the past, having spent only $69 million annually from 2020 to 2024. Their last buyback program left a meager $503 million hanging around! Could they be hoarding cash for something massive, or will they drag this out like a dramatic soap opera?
Theyโve shown they can go big โ with a jaw-dropping $1.4 billion in buybacks back in 2019! Whatโs it gonna be this time? Are they gearing up to storm the buyback scene again, or is this just more hot air?
FINAL TAKEAWAY: OVER $12 BILLION UP FOR GRABS!
These three powerhouse stocks are gearing up to unleash a combined $12 billion+ in buyback capacity! The message is clear: theyโre committed to showering their shareholders with cold, hard cash! What are you waiting for? Get in on the action before itโs all gone!