I remember a very long time ago in college, the prof was talking about stock equity.
I asked "Why can't the company buy back stock to increase value ?". He was shocked at the question and explained in detail why doing that is bad. It was something about doing that does not create real value.
So now we are living in that environment with no care about the impact of buy backs.
I asked "Why can't the company buy back stock to increase value ?". He was shocked at the question and explained in detail why doing that is bad. It was something about doing that does not create real value.
So now we are living in that environment with no care about the impact of buy backs.