Comment on The Motley Fool: Are stock buybacks good or bad?

The Motley Fool: Are stock buybacks good or bad?

[...] if it buys back 50 shares, your 10 now make up 20 percent of the company. Since valuable company cash is spent buying back shares, companies should only be doing so when the shares are undervalued. If a company is buying back shares at inflated prices, it's destroying value.

 

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