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Comment by paulpauper

lol $10 billion buyback = $100-150 billion in shareholder value created instantly (going by afterhours gains). That's why companies do buybacks even though the media complains about it. It's a good deal, at least in the short-term. Bezos wealth increased enough that he could pay back the buyback by selling some of his inflated stock. It's sort like an infinite $ machine.
parent paulpauper 4 years ago

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