Last week’s notable buyback names:
* EquipmentShare (EQPT): authorized a $500M buyback and raised 2026 guidance. Stock moved +16.56% after-hours. This is the strongest signal of the group because the repurchase came with better revenue, rental revenue, and EBITDA expectations.
* WD-40 (WDFC): approved a new $100M buyback after a strong quarter. Sales rose 24%, operating income rose 47%, net income rose 44%, and EPS rose 45% to $2.24. Stock moved +10.65% after-hours. This looks more earnings-supported than purely defensive.
* AmpliTech (AMPG): authorized a $10M buyback and terminated its ATM offering. Stock moved +5.57% premarket. The real signal is not just the buyback. It is the shift from possible dilution to repurchases, backed by no debt, record revenue, and a growing order book.
* Cosmos Health (COSM): bought back another 220,000 shares at about $0.2229. Stock moved +13.83% intraday. This was not a new authorization, but actual open-market execution under an existing $5M program.
My read:
* EQPT = buyback plus upward guidance revision
* WDFC = buyback plus earnings strength
* AMPG = buyback plus reduced dilution risk
* COSM = actual repurchase execution, but still higher-risk