Arizona Companies Fuel Buyback Momentum

Arizona is more than desert skies and booming suburbs—it’s also home to companies making powerful moves in the stock market. From mining to tech to banking, Arizona firms are using share repurchases and royalty buybacks to return value and strengthen their balance sheets. Here’s a look at what’s unfolding across the state.

Arizona Sonoran Copper: Unlocking Long-Term Value

In January 2025, Arizona Sonoran Copper Company completed a buyback of 1% of the Bronco Creek Exploration royalty, paying US $500,000 to reduce its net smelter royalty obligation from 1.5% down to 0.5%. This strategic move cuts future liabilities tied to its Cactus Project, ensuring more upside stays with shareholders.

And the momentum isn’t slowing. In June 2025, Arizona Sonoran launched a C$45 million public offering, earmarking the proceeds to fund further royalty buyback options, expand land holdings, complete engineering studies, and advance project development. For investors, this shows management’s commitment to long-term growth and reducing financial drag.

Freeport-McMoRan: A Global Mining Powerhouse

Headquartered in Phoenix, Freeport-McMoRan (FCX) is no stranger to massive buybacks. The copper and gold giant has engaged in multi-billion-dollar repurchase programs, using its strong cash flows to return capital to investors while reinforcing confidence in commodity cycles.

ON Semiconductor: Riding the AI & EV Wave

Scottsdale-based ON Semiconductor (ON) has capitalized on the surge in demand for semiconductors, particularly in AI applications and electric vehicles. Alongside its growth story, the company continues to lean on share repurchases as part of its capital allocation strategy—supporting EPS growth and offsetting dilution.

Western Alliance Bancorporation: Banking on Confidence

In the financial sector, Western Alliance Bancorporation (WAL) has leaned on buybacks to signal stability and reward shareholders, especially during volatile periods for regional banks. By reducing share counts, WAL has sought to reinforce investor trust while positioning for future growth.

Other Arizona Names to Watch

• Taylor Morrison (TMHC) — Scottsdale homebuilder using repurchases to navigate housing cycles.
• GoDaddy (GDDY) — Tempe-based digital services company engaging in buybacks to counter share dilution and enhance investor value.

Why Arizona Matters

From mining royalties to semiconductor growth to banking stability, Arizona companies are showcasing the diverse ways buybacks can reshape shareholder value. These moves reflect both confidence in long-term fundamentals and a desire to deliver near-term returns.

Bottom Line

Arizona companies are stepping up in the buyback conversation. Whether it’s Arizona Sonoran reducing royalty burdens, Freeport-McMoRan returning billions, or ON Semiconductor and Western Alliance signaling strength, the state is proving that shareholder-friendly strategies extend far beyond Wall Street.

That’s exactly what we track at BuyBack Analytics—real-time, source-backed alerts on buybacks, insider activity, and capital strategy shifts. Instead of piecing together headlines, you get the dates, amounts, and authorizations straight from filings and earnings calls—so you can act before the market catches up.

👉 Stay ahead of the curve. Follow Arizona’s buyback leaders today with BuyBack Analytics.