Capital Allocation
What is Share Repurchases?
Cash spent buying back the company’s own shares, which shrinks the share count and lifts per-share figures.
How it is calculated
Payments for repurchase of common stock from the cash flow statement.
How to read it
Buybacks create value when shares are cheap and destroy it when they are dear. Check whether the diluted share count actually falls.
Where the numbers come from
Scrutar computes Share Repurchases from the figures each company reports to the SEC in its annual and quarterly filings, using the XBRL data attached to those filings.