The Trust Layer for Market Analysts

The video discusses Oracle's quarterly performance. Oracle reported great figures in revenue growth, and expects future growth. The management team used company money to buy shares from investors, therefore reducing shares in the marketplace. Over the last 10 years, Oracle has reduced the number of shares outstanding by a third and purchased those shares at an average price of 55 dollars. In the most recent quarter, Oracle repurchased 440,000 shares for a total of 95 million dollars. Oracle's current stock price is 302 dollars per share. The management team has been smart in allocating capital to share buybacks. The management team thinks their shares are undervalued at the current market price and is sending the signal that investors should receive when a management team is spending money to buy back shares.