That's why Uber is doing buybacks -- with, naturally, a good haircut for the employees. While Uber’s buyback approach can help it retain talent, it may also

That's why Uber is doing buybacks -- with, naturally, a good haircut for the employees. While Uber’s buyback approach can help it retain talent, it may also benefit the company’s bottom line. Using its own money, Uber purchases common stock for 25 percent to 35 percent less than the price of preferred shares from its most recent funding round, one person familiar with the matter said. It can then turn around and sell shares at a premium in a subsequent round. https://www.bloomberg.com/news/articles/2017-02-15/uber-gives-restless-employees-a-way-to-cash-out https://www.bloomberg.com/news/articles/2017-02-15/uber-give...