Submitted by lilly_kilgore t3_10phz45 in explainlikeimfive
DTux5249 t1_j6kybd1 wrote
Reply to comment by tdscanuck in ELI5: What does it mean when a company buys back stocks and why is it frowned upon? by lilly_kilgore
Put simply: Correct, in a vacuum where shareholders were bricks with wallets that don't care about getting paid
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