Posted by judgetrade at Mar 1, 2022 7:24:32 AM
Buybacks
Hey, just saw an interesting post on twitter.
https://twitter.com/JeffWeniger/status/1492137093711101959

How do I screen for stocks that buy back their own stock?

Thank you!!!
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Best Regards
Andreas

Posted by yuvaltaylor at Mar 1, 2022 2:54:16 PM
Re: Buybacks
Use EqPurchTTM (or EqPurchQ or EqPurchA or EqPurch3YAvg) > 0, depending on how far back you want to look. If you only want companies that have bought back more shares than they've issued in that time period, use EqPurchTTM - EqIssuedTTM > 0.
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Yuval Taylor
Product Manager, Portfolio123
invest(igations)
Any opinions or recommendations in this message are not opinions or recommendations of Portfolio123 Securities LLC.

Posted by azinvestor at Mar 2, 2022 11:32:16 PM
Re: Buybacks
Seems to work. This is the return of S&P 1500 stocks that pass this screen.
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Attachment Screener - Portfolio123.png (642964 bytes) (Download count: 90)


Posted by ljstens22 at Apr 23, 2022 4:01:47 PM
Re: Buybacks
I'm seeing the same thing. A great compliment to a value strategy.