Automatic Identification and Classification of Share Buybacks and their Effect on Short-, Mid- and Long-Term Returns

@article{Reintjes2022AutomaticIA,
  title={Automatic Identification and Classification of Share Buybacks and their Effect on Short-, Mid- and Long-Term Returns},
  author={Thilo Reintjes},
  journal={ArXiv},
  year={2022},
  volume={abs/2209.12863}
}
This thesis investigates share buybacks, specifically share buyback announcements. It addresses how to recognize such announcements, the excess return of share buybacks, and the prediction of returns after a share buyback announcement. To achieve this, this thesis discusses ways to filter out share buyback announcements from an incoming news flow, analyze them and train a variety of machine learning models to predict future returns. For this purpose, we illustrate two natural language… 

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