Overview
Description
The Invesco International Buyback Achievers ETF is an exchange-traded fund designed to track the performance of high-quality international companies actively engaged in share repurchase programs. These buyback activities indicate a significant level of confidence by management in their firm's financial health, often seen as a positive signal by investors. The fund targets companies outside the United States that have executed at least 5% in buybacks of their outstanding shares over the most recent fiscal year.
This ETF covers a diverse range of industries and sectors worldwide, including technology, healthcare, and consumer goods, reflecting a broad international exposure. It offers investors a strategic opportunity to capitalize on the potential appreciation of undervalued stocks that opt for buybacks as a return-of-capital strategy. The Invesco International Buyback Achievers ETF plays a crucial role in providing diversified access to international markets, enhancing the portfolio's potential return dynamics by focusing on companies with proactive capital allocation practices.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
United States
MIC code
XNMS