alt Hacker NewsCompanies buy back shares as a different way than dividends to enrich their shareholders.
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tony69 • today at 5:47 AM
In big tech’s case it’s mostly to offset massive stock compensation of executives and insiders
Companies buy back shares as a different way than dividends to enrich their shareholders.
In big tech’s case it’s mostly to offset massive stock compensation of executives and insiders
Exactly: enrich shareholders at the expense of their own coffers.