PayPal Holdings Inc. pleased investors when it announced a new $15 billion buyback authorization alongside a suite of other shareholder-friendly moves earlier this week.
While the e-commerce giant has been repurchasing stock for years, its buyback history has been “very poor,” according to VerityData research director Ben Silverman, who tracks buyback patterns and insider-selling data.
See what else Silverman told MarketWatch on PayPal, buybacks, and more in the full article.
See how Verity accelerates winning investment decisions for the world's leading asset managers.
Request a Demo