Tuesday, March 20, 2018 3:34:34 PM
You guys need to do some serious DD on stock buybacks because a lot of people really don't get it.
BREAKING DOWN 'Share Repurchase'
Because a share repurchase reduces the number of shares outstanding, it increases earnings per share and elevates the market value of the remaining shares. After repurchase, the shares are canceled or held as treasury shares, so they are no longer held publicly and are not outstanding.
After repurchase, the shares are canceled or held as treasury shares, so they are no longer held publicly and are not outstanding.
After repurchase, the shares are canceled or held as treasury shares, so they are no longer held publicly and are not outstanding.
https://www.investopedia.com/terms/s/sharerepurchase.asp
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