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Buyback Rebound Will Prove Elusive, BofA Suggests
Buybacks: Who doesn't love them?
Buybacks are shareholder capitalism's crowning achievement. It's stockowners who matter in America. Other stakeholders have to fight, shout and strike for their fair share, while management proactively finds ways to skim as much off the top for investors as possible. When the cost of debt is low, management will happily leverage the company to buy back shares.
It's a great system we run. You can tell by the picket lines.
Unfortunately, financing costs have ris
Somehow, the C-suite will figure out how to buyback enough shares to offset the stock grants/options that are issued to the C-suite as part of their compensation that don’t get deducted from earnings, but are dilutive to EPS.
I have faith 🙂
EN,
Sounds like net-zero share holder capitalism. Pay no attention to these buybacks here. This isn’t the income statement/balance sheet manipulation you are looking for…