Large Techs YTD Buybacks
Share buyback gives an investor pertinent information of what companies 'think' of their current share price.

In this case, we have 3/5 Large Techs (Google, Apple, Meta) spending over 100% of their Free Cash Flow in buying stocks in the open market.

On the other hand, we have Microsoft heavily increasing share buyback YoY and AMZN who previously didn't back any shares to start buying.

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Ben's avatar
Good stuff. $AMZN going to have a hard time keeping up without FCF
Giuliano's avatar
@rpinvestments Thanks! First 3 columns are from Beth Kindig. I agree on Amazon, I see it in a more fragile financial state than common opinion.
Ben's avatar
@giuliano_mana I also follow Beth Kindig. And I agree that not everyone sees $AMZN future problems. I mention it here. https://commonstock.com/post/a84d81c8-6143-4412-a969-9a7a7db9fe01
Rihard Jarc's avatar
$AMZN's timing is perfect. Still angry on $META for that Q4 2021 buyback level...
Giuliano's avatar
@rihardjarc Haha yes, Amazon's timing was great.

And I agree on Meta, quite a bad timing.
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Rihard Jarc's avatar
@giuliano_mana I mean in hindsight I guess we can judge, so I'm not angry on $META for 2021 in general but in the Q4 they had to have seen some signs...

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