recently $Apple(AAPL.US)$ Announcing the largest share buyback program ever in the United States, the Board of Directors approved the repurchase of $1100 shares. The stock price rose $10+ after the release of the quarterly report...
At the same time, as at 31 March 2024, $Expedia(EXPE.US)$ The share repurchase program also has a budget of US$4.1 billion, which can be used to purchase approximately 27.49% of the company's existing shares.
In the long run, what is the impact of share buybacks on the company's share price and net profit per share?
This video will comment on Apple and the Expedia share buyback program and share it with you:
- What is Stock Repurchase
- It affects the share price and net profit per share
- And what should we pay attention to when the company announces share buybacks?

Follow me and I will update and share more growth companies every week 😁
First, find out why $Expedia(EXPE.US)$ Will the stock price fall sharply? In fact, this is already expected, as company exchevers claim 48M in Q1 2024. The company then announced a slight reduction in sales for 2024.
#季報分析：
Then, of course, after a careful analysis of this quarterly report, we found that EBIT (Earning before Interest and Tax) for the quarter was -59M, down from a loss of 51M in Q1 2023.
The EBIT rate then dropped from -4.1% to -2.1%. PROFITABILITY ROSE 2%. (To add here, the company's revenue and profits are seasonal, each Q1 is losing money, and Q2 and Q3 are highly profitable)
SEVERAL MAJOR EXPENSES THIS QUARTER WERE ALSO ONE-OFFS, COMPARED TO 48M CLIFF RESTRUCTURING COSTS, $15M IN LEGAL PREPARATION FEES, 45M OTHER LOSSES (EXCHANGE RATE, LOWER SUBSIDIARY SHARE PRICE)
In addition to this, there are 4 big reasons behind Expedia:
1. The corporate net interest rate has been steadily rising, from a peak of 4.68% in 2019 to 6.21% in 2023.
Mainly because the company has completed the One Key project, unifying all customers and systems so that the company can cross-sell...