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fallingfrog
on March 18, 2020
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Stock buybacks are dangerous for the economy
Yes you are, the company has given up a bunch of cash which could have been used to hire staff, buy capital and so on, so again
if
the stock price is correct they have decided to forego some profits due to the buyback, and it should cancel out.
exoque
on March 18, 2020
[–]
Fair point.
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