5 Value Stocks with Big Buybacks

4. The Procter & Gamble Company (NYSE:PG)

Q3 2022 Buybacks (Million): $4,000

Number of Hedge Fund Holders: 69

The Procter & Gamble Company (NYSE:PG) bought back $4 billion worth of its shares in the third quarter as the company continues to return excess capital back to shareholders through buybacks and dividends. Although inflation has been a headwind, The Procter & Gamble Company (NYSE:PG) has long term growth prospects given its strong brands and potential to gain more market share in the emerging market.

For the fiscal second quarter of 2023, The Procter & Gamble Company (NYSE:PG) reported adjusted earnings per share of $1.59 versus the expected $1.59. Total sales were $20.77 billion, slightly higher than the estimate of $20.73 billion.