Post by
GripnRip on Oct 13, 2022 11:31am
effects of buybacks are everlasting...rookie investor?
Others have posted studies that share buybacks are anything but everlasting...just rewards flippers that are no longer shareholders and gets mngmnt Options into the money.
Usually wastes money on financial engineering, not real engineering....just look at Boeing
https://www.newsweek.com/boeing-airlines-under-fire-90-billion-share-buybacks-stoke-controversy-bailout-pleas-least-1493934
Mngmnt should get rewarded when they grow the company into a size a Major wants to buy at a premium...not when they spend shareholder money to feather their own nest.
Dumbest thing ever to buy back shares at ATH