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What a Stock Buyback Actually Does, and Who It Helps
Investing··10 min

What a Stock Buyback Actually Does, and Who It Helps

A buyback is a company spending cash to buy its own stock, shrinking the share count so profits divide among fewer shares. That's it. Whether it creates value or just flatters EPS comes down to one thing: the price paid. The announcement is noise. The execution is the story.

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