Adding new buyback capacity is great, but it doesn’t always mean that the pace of a company’s buyback spending will increase. This latter action is particularly relevant, as it means a firm is increasing the speed at which it is delivering buyback benefits. This includes lowering its share count more rapidly, adding a tailwind to key metrics like earnings per share.
Below, we’ll detail three stocks that recently boosted their buyback capacity and could also see their buyback pace increase: a two-sided win for investors.
