RE: SPS cost-benefit metrics after one month of daily downloads

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RE: SPS cost-benefit metrics after one month of daily downloads

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jeff-kubitz (69)in #steemtalk • 10 months ago (edited)

Yes but with a stock buy back, the stock can be sold later. The stock is not destroyed. Buybacks often are performed to prevent hostile takeover.

10 months ago in #steemtalk by jeff-kubitz (69)

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remlaps (75) 10 months ago

Sometimes. 😉

Stock Buybacks: How Companies Create Value For Shareholders

It’s important to understand that once a company has bought back its own shares, they are either canceled—thereby permanently reducing the number of shares outstanding—or held by the company as treasury shares.

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