Facebook's Total Yield From Its Buyback Program Will Push Its Stock Higher (NASDAQ:FB)
Facebook's buyback program uses about 20% or higher of its FCF each quarter, or $1.3 billion. This is likely to increase to $1.5 billion in Q4.
29 Nov 2019 ... Facebook's last program was for $9 billion in share repurchases. If FB were to increase its buybacks closer to 40 to 50% of free cash flow, as ...