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Micro-Cap Buys Back 15% of Its Own Stock

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Sun, Jul 9, 2023 06:05 PM

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Here are three stock buybacks for the week Here are three stock buybacks for the week     Â

Here are three stock buybacks for the week Here are three stock buybacks for the week                                                                                                      You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here.  Dear Fellow Investor, Targeting stocks with recently announced buyback programs can be beneficial for investors. Buyback programs can be seen as a signal of confidence by the company’s management in the future prospects of the business. When a company announces a buyback program, it indicates that it believes its stock is undervalued and that it has excess cash available to repurchase shares, which can be interpreted as a positive sign for investors. Buybacks can also potentially increase the value of the remaining shares by reducing the total number of shares outstanding, which could lead to higher earnings per share and potentially higher stock prices. Here are three stock buybacks for the week – Genesco Inc. – SYM: GCO Recent Price: $24.74 Buyback Action: The Board of Directors authorized an additional $50 million share repurchase program, equal to around 15.4% of its market cap at announcement. Description: Genesco Inc. operates as a retailer and wholesaler of footwear, apparel, and accessories in the United States, Puerto Rico, Canada, the United Kingdom, and the Republic of Ireland. The company operates through four segments: Journeys Group, Schuh Group, Johnston & Murphy Group, and Licensed Brands.  === [5 Surprising Ways to Cash In on the Tech Behind ChatGPT](Artificial intelligence like ChatGPT is the most exciting development in tech. Experts predict that technology will add an incredible $15 trillion to the economy by 2030. This free report reveals 5 stocks poised to skyrocket as AI grows exponentially. [Claim your copy now, absolutely free.]( === NRG Energy, Inc. – SYM: NRG Recent Price: $37.79 [Get Buyback Action Here ]( Description: NRG Energy, Inc., together with its subsidiaries, operates as an integrated power company in the United States. It operates through Texas, East, and West segments. The company is involved in producing and selling electricity and related products and services to approximately residential, commercial, industrial, and wholesale customers. It generates electricity using natural gas, coal, oil, solar, nuclear, and battery storage. The company also provides system power, distributed generation, renewable products, backup generation, storage and distributed solar, demand response, and energy efficiency and advisory services, as well as carbon management and specialty services. In addition, it trades in electric power, natural gas, and related commodities; environmental products; weather products; and financial products, including forwards, futures, options, and swaps. Further, the company procures fuels; and sells energy, services, and products and services under the NRG, Reliant, Direct Energy, Green Mountain Energy, Stream, and XOOM Energy. NRG Energy, Inc. was founded in 1989 and is headquartered in Houston, Texas. === [What price will TSLA, NVDA, and APPL be in a month?]( [79 pred alpha]( TradeSmith, one of the world’s most cutting-edge financial tech companies, just launched a breakthrough, new A.I. algorithm called An-E... and showed many of its past predictions and just how accurate they were (often precise to within a tenth of a percent).  The company also showed what An-E's predictions were for three of the most widely held stocks on the market one-month into the future. [You can see what those predictions are by going here]( === Chico’s FAS, Inc. – SYM: CHS Recent Price: $5.35 [Get Buyback Action Here ]( Description: Chico’s FAS, Inc. operates as an omnichannel specialty retailer of women’s private branded casual-to-dressy clothing, intimates, and complementary accessories in the United States, Puerto Rico, Virgin Islands; and franchise locations in Mexico and domestic airports. The company operates under the Chico’s, White House Black Market (WHBM), and Soma brands. The Chico’s brand primarily sells private branded clothing focusing on women with moderate to high household income levels. The WHBM brand sells everyday basics and denim, polished casual apparel, relaxed workwear, black and white pieces, feminine all-occasion dresses, shoes, belts, scarves, handbags, and jewelry for women. The Soma brand sells private branded lingerie, sleepwear, and loungewear products. It also sells its products through retail stores and catalogs; and through chicos.com, chicosofftherack.com, whbm.com, and soma.com, as well as through third party channels. The company was incorporated in 1983 and is headquartered in Fort Myers, Florida. === [Elon Musk May Have Just Changed Everything]( A legendary investor just released this shocking footage from the streets of San Francisco. And it reveals Elon Musk's "project Omega." If you don't know what I'm talking about, it's not your fault. The corrupt mainstream media isn't covering this story. But ever American deserves to see what's happening because this is guaranteed to affect all 331 million Americans one way or another. [Click here now and learn how to prepare.]( "The Buck Stops Here" [youtube button]( [facebook button]( [instagram button]( Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2023 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Unsubscribe](

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