Following bouts of considerable underperformance, notable names across the housing, restaurant, and aviation industries have announced significant buyback programs. This includes a top U.S. homebuilder that now has buyback capacity equal to more than 10% of its market capitalization.
Additionally, two other names have announced buyback programs worth $100 million or more after engaging in little to no buyback activity previously. With shares under pressure, these three names are signaling confidence in their outlooks.
