Thursday, September 26, 2019 11:57:56 AM
Key Takeaways of a Stock Buy Back
A stock buyback occurs when a company buys back its shares from the marketplace.
The effect of a buyback is to reduce the number of outstanding shares on the market, which increases the ownership stake of the stakeholders.
A company might buyback shares because it believes the market has discounted its shares too steeply, to invest in itself, or to improve its financial ratios.
https://www.investopedia.com/articles/02/041702.asp
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