Equibles

We tracked verified stock buyback announcements across 430 U.S.-listed companies. The typical stock beat SPY briefly, then lagged by 0.9 percentage points after 63 trading sessions.

Equibles has launched a new short interest forecast model. It predicted direction correctly 61.6% of the time, rising to 72.3% for its strongest signals.

IREN has assembled $4 billion of contracted ARR through project finance, customer prepayments and equity. Horizon delivery and cash conversion will determine how much value reaches shareholders.

The week's three authorizations are all first-time programs, with HNI Corp's $284.3M authorization the largest, and two of the three (HNI and United States Antimony) sit on cash that covers less than half the new ceiling.