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Micro-Cap Buys Back 13% of Its Own Stock

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Sun, Oct 22, 2023 06:08 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 - Phoenix New Media Limited – SYM: FENG Recent Price: $1.29 Buyback Action: The Board of Directors authorized a new $2 million share repurchase program, equal to around 13% of its market cap at announcement. Description: Phoenix New Media Limited provides content on an integrated Internet platform. The company operates through two segments, Net Advertising Services and Paid Services. It offers content and services through PC channel, mobile channel, and telecom operators, as well as transmits content to TV viewers, primarily through Phoenix TV. === [Crucial Briefing: Predictive algorithm flags dozens of A.I. investment opportunities]( [robot hand](This is an urgent warning for all Americans: A transfer of wealth is coming. Some of America's top companies will be destroyed…while others will be propelled to dizzying new heights. YOU could be on the winning side of this wealth transfer. It's all happening thanks to the new $15.7 trillion market in artificial intelligence, or A.I. Companies such as Blockbuster, Polaroid or Kodak ignored the disruptive new tech of their age. But there's still time to become an early investor on the tech that's poised to transform the world. [Click here to watch this special presentation.]( === Jabil Inc. – SYM: JBL Recent Price: $132.32 [Get Buyback Action Here ]( Description: Jabil Inc. provides manufacturing services and solutions worldwide. It operates in two segments, Electronics Manufacturing Services and Diversified Manufacturing Services. The company offers electronics design, production, and product management services; electronic circuit design services, such as application-specific integrated circuit design, firmware development, and rapid prototyping services; and designs plastic and metal enclosures that include the electro-mechanics, such as the printed circuit board assemblies (PCBA). It also provides three-dimensional mechanical design comprising the analysis of electronic, electro-mechanical, and optical assemblies, as well as various industrial design, mechanism development, and tooling management services. In addition, the company provides computer-assisted design services consisting of PCBA design, as well as PCBA design validation and verification services; and other consulting services, such as the generation of a bill of materials, approved vendor list, and assembly equipment configuration for various PCBA designs. Further, it offers product and process validation services, such as product system, product safety, regulatory compliance, and reliability tests, as well as manufacturing test solution development services. Additionally, the company provides systems assembly, test, direct-order fulfillment, and configure-to-order services. It serves 5G, wireless and cloud, digital print and retail, industrial and semi-cap, networking and storage, automotive and transportation, connected devices, healthcare and packaging, and mobility industries. The company was formerly known as Jabil Circuit, Inc. and changed its name to Jabil Inc. in June 2017. Jabil Inc. was founded in 1966 and is headquartered in Saint Petersburg, Florida. === [Top Analysts: 'Bull Market Blindside Coming']( Do you own any of these seven popular stocks? They could soon be on their way out as top tech giants... and history proves it. Don't get blindsided –[here's how to prepare.]( === Lockheed Martin Corporation – SYM: LMT Recent Price: $449.02 [Get Buyback Action Here ]( Description: Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies. The Missiles and Fire Control segment provides air and missile defense systems; tactical missiles and air-to-ground precision strike weapon systems; logistics; fire control systems; mission operations support, readiness, engineering support, and integration services; manned and unmanned ground vehicles; and energy management solutions. The Rotary and Mission Systems segment offers military and commercial helicopters, surface ships, sea and land-based missile defense systems, radar systems, sea and air-based mission and combat systems, command and control mission solutions, cyber solutions, and simulation and training solutions. The Space segment offers satellites; space transportation systems; strategic, advanced strike, and defensive systems; and classified systems and services in support of national security systems. This segment also provides network-enabled situational awareness and integrates space and ground global systems to help its customers gather, analyze, and securely distribute critical intelligence data. It serves primarily serves the U.S. government, as well as foreign military sales contracted through the U.S. government. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland. === [Exposed: MASSIVE Anonymous Bets Taking Place Behind Every Major Stock Move…]( Ready to potentially profit from TOMORROW'S "Stealth Trade" and multiply your money in the coming days and weeks? [Click here now to get the details of 5 high-flying stocks that could surge as soon as this week.]( (By clicking on this link you are getting a free subscription to the Stock Surge Daily newsletter.) "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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