Stock Repurchase

 
 
Baird’s team of repurchase specialists tailors strategies to help companies repurchase stock in a way that best serves the company’s and its shareholders’ interests. We execute buybacks ranging from simple programs designed to optimize a company’s balance sheet, share count and stock price, as well as accelerated share repurchases intended to facilitate purchases of large amounts of stock at one time and price.

Our expertise in research, investment banking and trading positions us to efficiently and expertly handle large quantities of stock with trust and discretion, while minimizing market impact.

Baird begins by building relationships through frequent contact and communications with corporate clients. In advising our clients about stock repurchases, we take a partnership approach. We apply our knowledge of each client’s institutional shareholder base, and draw on a depth of understanding about trading limitations and regulations. Then we execute buybacks promptly, discreetly and at the optimum price.

Where appropriate, we actively seek block trades in compliance with the Securities and Exchange Commission’s Rule 10b-18.

With structured or accelerated share repurchases, Baird can offer clients such benefits as:

  • Discount to volume-weighted average price (VWAP)
  • Cap/hedge repurchase price exposure
  • Canceling shares upfront for earnings per share (EPS) purposes
  • Market signaling
 
Careers|Help|Site Map|Important Information|Privacy Policy|Financial Information|Business Continuity
©2008 Robert W. Baird & Co. Incorporated.
This site has been published in the United States for residents of the United States. The foregoing has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy. Securities, products and services are offered through Robert W. Baird & Co. Incorporated. Member FINRA and SIPC.