Barcode scanning and data management expert Zebra Technologies (NASDAQ: ZBRA) was swept up in Wall Street's retreat from high-flying growth stocks in 2022 . The stock was down 38% year to date on May 4, far below the S&P 500 market index's 12% decline. At the same time, the company kept posting solid business results.
But the board of directors didn't cry about the unfair market trends. Instead, Zebra trotted up to Wall Street's buying window and made a record investment in buying back its own shares.
Here's how Zebra's stock buybacks have looked over the last three years:
For further details see:
Zebra Technologies Is Buying Tons of Zebra Stock (Maybe You Should, Too)