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cheschiretoday at 1:18 AM3 repliesview on HN

Well, when the company issues shares, then the money goes into their account, right?


Replies

whall6today at 1:20 AM

Meta was a $26 Bn net purchaser (opposite of issuer)

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BurningFrogtoday at 1:50 AM

Companies buy back shares as a different way than dividends to enrich their shareholders.

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s1artibartfasttoday at 1:48 AM

yes, if it sells them on the market.

The last time meta sold stock on the market was a primary stock offering in December 2013, roughly a year and a half after its initial public offering (IPO).

I find it crazy that so many people misunderstand this basic fact about how the market works.

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