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> A company regains the control and share of profit from the stock they buy back No, a corporation cannot own itself.
by panarky 8y ago
> A company regains the control and share of profit from the stock they buy back
No, a corporation cannot own itself.
- deckar01 8y ago> Public float - The portion of a company's outstanding shares that is in the hands of public investors, as opposed to company officers, directors, or controlling-interest investors. http://www.investorwords.com/3936/public_float.html http://www.investorwords.com/3936/public_float.html
- icebraining 8y agoWhat's your point? Neither the public float nor the shares owned by company officers, directors, or controlling-interest investors are owned by the company.