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When exactly does this pushing up of the stock price occur? When the buyback is announced? When it is actually executed? Sometime in between? What if a company

• mythz 7y ago
  > When exactly does this pushing up of the stock price occur? When the buyback is announced? When it is actually executed? Sometime in between? It depends on the size of the BuyBack and whether they're getting them at a discount, but it could go up at announcement as it could encourage other investors to buy shares early in expectation that the Buy Backs will push the price up, it will go up (depended on the size of Buy Back/Market Cap) during execution due to the increased demand. > What if a company does buybacks on a predictable schedule over years? They're only going to perform Buy Backs when they think they're at a low valuation, when they have a high valuation they'll prefer to give out dividends or employ other effective use of capital like M&A to manufacture growth. > It seems to me that if the pushing up is as predictable as you say it should be trivial to buy a bunch of shares right before the increase and sell them right after for an easy gain. You should get on that! You don't get to know exactly when Buy Backs occur, they'll announce that they intend to perform purchase a certain amount of Buy Backs over a specified period and in the next Financial results they'll disclose how many Buy Backs they purchased during the period.