Everything I know about stocks and shares comes from playing Railroad Tycoon. I remember the options for short selling and buying back, and seem to recall that buying back temporarily put up the share price as you were effectively reducing the supply of shares, making the existing shares worth more?
LukeBellmason t1_j6l1d28 wrote
Reply to ELI5: What does it mean when a company buys back stocks and why is it frowned upon? by lilly_kilgore
Everything I know about stocks and shares comes from playing Railroad Tycoon. I remember the options for short selling and buying back, and seem to recall that buying back temporarily put up the share price as you were effectively reducing the supply of shares, making the existing shares worth more?