Small-Cap Buys Back 33% of Its Own Stock

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 - CNX Resources Corporation – SYM: CNX Recent Price: $20.83 Buyback Action: The Board of Directors authorized an additional $1 billion share repurchase program, equal to around 33.8% of its market cap at announcement. Description: CNX Resources Corporation, an independent natural gas and midstream company, acquires, explores for, develops, and produces natural gas properties in the Appalachian Basin. The company operates in two segments, Shale and Coalbed Methane (CBM). It produces and sells pipeline quality natural gas primarily for gas wholesalers. === [Virginia Millionaire Warns European Energy Crisis Could Destroy U.S. Economy]( [oxford aug6]( Morgan Stanley is warning of an "imminent recession" in Europe. The head of the European Central Bank says it is a "very dark downside scenario." And one Virginia millionaire who predicted the housing crisis and called the bottom of the COVID market... says this could be devastating to U.S. stocks. [But only if ONE THING doesn't happen. See his shocking prediction here.]( === Genworth Financial, Inc. – SYM: GNW Recent Price: $6.00 [Get Buyback Action Here ]( Description: Genworth Financial, Inc. provides insurance products in the United States and internationally. It operates in three segments: Enact, U.S. Life Insurance, and Runoff. The Enact segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans; and pool mortgage insurance products. The U.S. Life Insurance segment offers long-term care insurance products; and service traditional life insurance and fixed annuity products in the United States. The Runoff segment includes variable annuity, variable life insurance, and corporate-owned life insurance, as well as funding agreements. It distributes its products through sales force, in-house sales representatives, and digital marketing programs. The company was founded in 1871 and is headquartered in Richmond, Virginia. === [Imagine what you could do if you knew next month's stock prices today?]( A.I. is an absolute game changing technology…like going from a rotary phone to a smartphone…Like going from dialup to 5G. Now, imagine you could apply this to the stock market. What if you could ask an A.I. program what price Google stock is going to be next month… Or how much the price of gold is going up or down… And what if it could predict those outcomes with astonishing accuracy? One of the world’s leading financial tech companies just launched a program recently that does exactly this. [Click here to learn more.]( === LiveOne, Inc. – SYM: LVO Recent Price: $1.84 [Get Buyback Action Here ]( Description: LiveOne, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content. The company also produces, edits, curates, and streams live music events through broadband transmission over the Internet and satellite networks to its users; provides digital Internet radio and music services to users online and through automotive and mobile original equipment manufacturers on a white label basis; and offers ancillary products and services, such as regulatory and post-implementation support services. In addition, it develops, manufactures, and distributes personalized merchandise and gifts through wholesale and direct-to-consumer distribution channels. Further, the company offers LiveOne App, an application that provides access to live events, audio streams, original episodic content, podcasts, vodcasts, video on demand, real-time livestreams, and social sharing of content. The company was formerly known as LiveXLive Media, Inc. and changed its name to LiveOne, Inc. in October 2021. LiveOne, Inc. was incorporated in 2009 and is headquartered in Beverly Hills, California. === [AI Stocks With An Edge]( The exciting potential of AI has put Wall Street in a frenzy. But beneath the intoxicating gains and headline-grabbing success stories, whispers of overvaluation grow louder. Consider Nvidia's market capitalization, which catapulted from $350 billion to $1 trillion within just five months. Today shares trade in excess of 40 times sales. That's on par with the most extreme valuations of the internet bubble. [To learn more, download our report.]( "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](