4 ms·
Why can't buybacks be scheduled on a frequent, predictable schedule? IANAL, but I don't see anything preventing a company from disclosing that they will buy bac
by tylerhou 8y ago
Why can't buybacks be scheduled on a frequent, predictable schedule? IANAL, but I don't see anything preventing a company from disclosing that they will buy back $foo amount of stock every quarter.
- xapata 8y agoRight. It's just habit.
- mercutio2 8y agoTo avoid stock manipulation, there are strict limits on how much of its own stock a company can purchase in a given trading day. So in practice, legally, companies have a ceiling on how much they can technically purchase in a given quarter. But most companies aren’t in the lucky position of wanting to do buybacks larger than their normal daily stock flow.