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Buying Back Shares Cost Apple $9B in 2018
(
wsj.com
)
2 points
by
svtrent
on Dec 27, 2018
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1 comment
Finnucane
on Dec 27, 2018
[–]
Since buybacks are meant to prop up stock prices, presumably the drop would have been even more without it. Only investors rather than Apple itself would have absorbed the loss.
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