Buybacks, on their own, increase the value of each share. Repurchases reduce the number of shares outstanding. Keeping earnings constant, earnings per share goes up, supporting gains in the price per share. Buybacks also signal the confidence a company has in using profits and balance-sheet cash to finance these purchases.
But buybacks don't always spark the type of stock-price gains investors hope f...

I was wondering about Tesla's stock price. Their stock has grown rapidly the last 4 years to as high as $407.36 a share and recently dropped as low as $108 and now it's back to $198. It is the biggest or close to the biggest electric vehicle company in the world and easily the biggest in the US controlling a large share of an expanding market and they seem to do well in most quarterly earnings reports. That alone would seem to give them a pretty good valuation.
Bu...