Share buybacks are a great way to analyse management behaviour.

Written post: http://stockpickinginsights.com/share-buybacks-good-or-bad/

There is not a rule for every company, but we should have trigger points for some behaviours. Ideally, I would love to see:

Any behaviour that goes against this prompts a warning.

Share buybacks typically nudge the stock price up, because buyers interpret it as the company telling the world: “We think our stock is undervalued”. But many, many companies do it chronically.