U-Haul (AMERCO)·Babcock, total 4billion dollars in share buybacks approved
The AMERCO board of directors 2026year 7month 13day, determined the stock was undervalued and approved a 3billion 5,000million-dollar share buyback. On the same day, Babcock & Wilcox approved a buyback program worth 5,000million dollars.
At an 2026-07-13board meeting, the AMERCO board determined the stock was undervalued and approved a 3billion 5,000million-dollar share buyback. It was reported that the company’s board itself said the stock was undervalued.
The Babcock & Wilcox board approved a share buyback program worth 2026-07-13 5,000million dollars. The program was described as an approval to repurchase shares held by the company.
Both approvals were disclosed on 2026year 7month 13day. The announcements centered on the board resolutions approving the measures and the size of the buybacks.
Treasury stock buybacks are a method by which a company purchases its own shares from the market, reducing the number of shares outstanding. Approval and actual execution are separate, and within the approved range, the company may buy shares in the market or through a tender offer.
Each company’s disclosure states the approved amount, but the specific execution schedule and method of the buyback, as well as the expiration date, must be confirmed through additional disclosures. Investors should check later disclosures for details of execution.
Sources: Yahoo Finance,Investing.com News
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