Jul. 3 at 12:34 PM
$WU Not sure if this chart will come out formatted correctly, but WU has been buying back its own stock hand over fist and ultimately this will meet up with the large short position and cause major upward pressure over time. They have now have another
$730 million authorized for repurchases (about 90 million shares at current prices.)
Western Union Year-End Shares OutstandingYearShares Outstanding (Millions)2025 313.45 shares
2024
337.93 shares
2023
342.20 shares
2022
373.65 shares
2021
393.53 shares
2020
410.92 shares
2019
413.12 shares
2018
435.89 shares
2017
459.30 shares
2016
480.90 shares
Soooo They have gone from 481mm shares down to 313mm shares and are authorized (and have the cash) to go down another 90mm shares. This is enormous and demonstrates their financial power. They recently sold
$450MM of 3 year UNsecured debt at 4.75%. This demonstrates their strength and the value of their huge cash flows. A private equity fund bought out Moneygram and would not be surprised to see a PE here!
