RE:RE:Maybe some education is needed ?Exactly ... buybacks are a very useful tool for companies that are flush with cash. Not much of a tool if you're broke or you are cashflow negative.
Just recently mentioned in the news ...
- Scotiabank boosts buyback by about $1.1 billion as profit climbs
- Lululemon Athletica announces $1B stock buyback plan
- Alibaba surges more than 11% after it ups share buyback program to $25 billion