InterDigital Inc (IDCC)

[nokiashill]

stock buybacks often fail to reduce the number of outstanding shares The company retires shares bought at full price on the open market to soak up new shares issued at a discount to fulfill employee and executive stock options
500 largest U.S. companies repurchased about a quarter of their equity’s dollar value but the number of shares outstanding actually grew more than 7% BUYBACKS ARE A JOKE