Peeking ahead to FY24, expectations allude to a further 12% bump in earnings paired with 7% higher sales. Image Source: Zacks Investment Research Bottom Line A common way that companies boost shareholder value is through implementing share buybacks. In its simplest form, buybacks represent a company essentially re-investing in itself. In addition, it can provide a nice confidence boost for investors, as the buybacks indicate that the company is utilizing its excess cash and not just hoarding it. All three stocks above – NVIDIA ( NVDA - Free Report ), NVR ( NVR - Free Report ), and Ameriprise Financial ( AMP - Free Report ) – have recently unveiled repurchase programs, attempting to maximize shareholder value.