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But there are fewer shares because yahoo "returned" north of $10B to investors through share buybacks. Not exactly sure how that should be accounted for, but I
by lesdeuxmagots 10y ago
But there are fewer shares because yahoo "returned" north of $10B to investors through share buybacks. Not exactly sure how that should be accounted for, but I think relevant to the calculation.
- beambot 10y agoIndeed, for a long-term "buy & hold" investor, the share price is much more meaningful than market cap because of the buybacks.