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Stock impact report

TechnipFMC Buyback And Institutional Interest Put Valuation In Focus [Yahoo! Finance]

TechnipFMC plc Ordinary Share (FTI) 
Last technipfmc plc ordinary share earnings: 4/22 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investors.technipfmc.com
Company Research Source: Yahoo! Finance
TechnipFMC (NYSE:FTI) has launched a €2.00b share buyback program, signaling a major new capital allocation move. The program coincides with fresh institutional investment activity, as new positions are taken in the stock. The combination of buybacks and institutional interest marks a new phase of corporate action for existing and prospective shareholders. For context, TechnipFMC shares last closed at $55.72, with the stock up 2.7% over the past week and 17.8% over the past month. Over the past year, the share price return is 86.5%. Looking further back, the 3-year return is described as very large and the 5-year return is reported to be around 7x, which helps explain why a sizeable buyback program at this price level may draw close attention from investors in NYSE:FTI. The new €2.00b buyback, alongside fresh institutional positions, raises questions about how the company is choosing to deploy capital and what that might mean for future share count and investor exposure. As t Show less Read more
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