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Three Companies Committed to Enhancing Shareholder Value

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Three Companies Committed to Enhancing Shareholder Value

Companies often implement stock buybacks, also known as share repurchase programs, to increase shareholder value. During a stock buyback, a company repurchases its own outstanding shares as a way of reinvesting in itself.

Chubb Limited

Chubb Limited, the largest publicly traded property and casualty insurance company in the world, has recently announced a new share repurchase program. Analysts have raised their earnings expectations for Chubb over the past few months.

Income-focused investors may find CB appealing, as the company currently offers a 1.7% annual yield with a sustainable 21% payout ratio. Moreover, Chubb has consistently increased its dividend payout by 3.3% annually over the past five years.

Morgan Stanley

Morgan Stanley, a leading financial services holding company, has also introduced a new share repurchase program. The company’s latest quarterly results exceeded expectations, with an 8% earnings per share (EPS) beat and a 5% revenue surprise. Despite an initial post-earnings boost, Morgan Stanley’s share price has since declined.

Investors in Morgan Stanley can benefit from a solid 4% annual yield and a 28% five-year annualized dividend growth rate.

Logitech International

Logitech International, a company specializing in innovative products such as PC navigation, digital music, and home entertainment control, has seen a bullish sentiment from analysts. The company is expected to release strong quarterly results in October.

Logitech has consistently outperformed earnings expectations, with an average 15% beat across its last four releases. The company’s shares have shown continued momentum post-earnings.

These three companies – Chubb Limited, Morgan Stanley, and Logitech International – have demonstrated their commitment to enhancing shareholder value through new or additional share repurchase programs.

If you’re interested in learning more about these companies or other top investment opportunities, you can download the free ChatGPT Stock Report or access the latest recommendations from Zacks Investment Research.

Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect those of Nasdaq, Inc.