Stock Investing X introduces stock buyback database

Released_on = October 15, 2006, 10:21 am

Press_Release_Author = James Dunn

Industry = Financial

Press_Release_Summary = Stock Investing X has catalogued stock buybacks and put them
in a database for easy comparison. This will make it much easier for investors to
see what companies are buying back their stock, as well as to compare one company's
buyback to another.

Press_Release_Body = Cleveland, Ohio, (StockInvestingX.com) -- Stock Investing X
announced the release of a new stock buyback database, hoping to make it easier for
investors to find and compare stock repurchases. The database will contain the
stock's buyback offer, the estimated percentage of the stock being repurchased, and
the period over which the stock will be repurchased.

"We are trying to give stock buybacks the same amount of press and documentation
that has been given to dividends in the past," says James Dunn, owner and operater
of Stock Investing X. Stock Investing X will screen through companies' buyback
announcements, calculate the percentage of the total shares being repurchased, and
enter all of the relevant information into a table that can be easily viewed from
their site.

The database comes as a reaction to the growing number of stock buybacks and their
increasing affect on the price of stocks. According to Standard and Poor's, S&P 500
buybacks have increased 43% since 2005, and 175% since 2004. The second quarter saw
$116 billion in buybacks, a new record.

\\\"The record $116 billion in buybacks is the result of over 40% of the S&P 500
companies reducing their share count during the second quarter,\\\" says Howard
Silverblatt, Senior Index Analyst at Standard & Poor\\\'s. \\\"The unprecedented
expenditure on buybacks and the resulting share count reduction is having a material
affect on both earnings-per-share and cash flow. Left unabated, this will eventually
impact the supply of open market shares, and therefore the share price itself.\\\"
Share buybacks are expected to continue to grow throughout 2006.

Currently, dividends are well documented and easy to search through and compare, but
stock buybacks are still relatively obscure, leaving investors to scavage through
news headlines looking for buybacks and guesing as to the magnitude of the buyback
relative to other stocks. Stock Investing X hopes to change this by cataloguing
stock buybacks.

To view the stock buyback database, go to
http://www.stockinvestingx.com/buybacks-repurchases.php. To see more about Stock
Investing X, go to http://www.stockinvestingx.com.


Web_Site = http://www.stockinvestingx.com

Contact_Details = Stock Investing X
James Dunn
webmaster@stockinvestingx.com
http://www.stockinvestingx.com

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