📊 Topic

Share buyback programs

2 stories · First covered Apr 26, 2026 · Latest 2h ago
Related: IHG 1 RevPAR Growth 1 Sands China 1 Las Vegas Sands 1 Goldman Sachs 1 Asset-light franchise model 1 Marina Bay Sands 1 Citi 1 Macao 1 The Venetian Macao 1 Property EBITDA margins 1 EPS growth 1
Share buyback programs Coverage
IHG Has Spent $3.9 Billion Buying Back Its Own Stock Since 2022. That's Capital That Didn't Build Hotels.
REITs Primary
2h ago

IHG Has Spent $3.9 Billion Buying Back Its Own Stock Since 2022. That's Capital That Didn't Build Hotels.

IHG just crossed $240 million into a $950 million buyback program, part of nearly $4 billion in repurchases over four years. The per-share math looks clean until you ask what an asset-light franchisor is optimizing for when it's spending more on financial engineering than system growth.

JC
Jordan Chen 2 min read · 2h ago
LVS Beat Earnings by 13%. The Stock Dropped 8%. That's the Whole Story.
REITs
Apr 26

LVS Beat Earnings by 13%. The Stock Dropped 8%. That's the Whole Story.

Las Vegas Sands posted $0.85 EPS against a $0.75 consensus and the stock sold off nearly 8% the next day, which tells you everything about what the market actually cares about when a company has already bought back 14% of itself.

JC
Jordan Chen 2 min read · Apr 26