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Stock buybacks could be price-sensitive or not be done to go to R&D / rainy day funds / increasing employee pay / M&A instead

By Hicbd
Fri Jul 31 2020 12:46 pm

"'Obviously, repurchases should be price-sensitive,' Buffett wrote in his 2018 shareholder letter, released last month. 'Blindly buying an overpriced stock is value-destructive, a fact lost on many promotional or ever-optimistic CEOs.'”

URL:
https://www.institutionalinvestor.com/article/b1dfj9g9mfnqxb/Share-Buybacks-May-Be-Bad-Just-Not-for-the-Reasons-You-Think
https://www.cnbc.com/2020/04/22/palihapitiya-buybacks-show-growing-strain-of-incompetence-among-ceos.html

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Categories:
Economy U.S. Securities and Exchange Commission (SEC) Labor Wages / Compensation Corporate Governance Global Economic Development / Sustainable Industries Stock Markets Corruption / Fraud Economic Recessions / Depressions Executive Compensation Stock Buybacks Corporate Finance / Debt / Treasury

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