After seeing big-time declines in their share prices recently, three large software stocks just announced significant buyback programs. The combination of falling shares and new buybacks is often a signal that a firm sees its stock as undervalued.
Below, we’ll dive into the recent announcements surrounding these three names and decipher what management teams are saying to investors. Overall, the evidence suggests that all three companies believe their stocks could gain positive momentum. However, the degree to which this is clearly true varies.
