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Should You Buy American Express Stock for Less Than the Company Paid for Its Own Shares?

It's been a tough year for American Express (NYSE: AXP) . Shares have fallen 18% in 2026 (as of Oct. 8). The overall market, on the other hand, has advanced 14% this year. The financial stock currently sits at about $302 per share, which is only 4% above its 52-week low from March. That's also below the average price of $315. 77 that the leadership team paid to repurchase 7. 1 million shares during the second quarter. Does this mean that American Express is a smart buying opportunity right now? Here's how investors should make sense of the situation.

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