Hmmmm.... I think that would be a rather optimistic view - more likely as execs have share/nonus packages, its often about grabbing that money themselves, and once taken more private, surely the remaining shareholders have more leverage as they have a bigger impact on the price unless *all* shares are bought back?
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James T Monkey
In response to this post@ChrisMayLA6 I agree it’s a grab, buybacks cause the stock price to go up and therefore distribute more revenue to remaining shareholders, without them having to pay, say, tax on dividends.
But I think for large tech companies there just ain’t much more to grow. That number’s got to keep going up somehow, cos once it stops there’ll be chaos. US tech is a significant chunk of everyone’s pension, even mine in the UK.
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