> CEOs in the US buy back stock a lot these days. That naturally raises the price and doesn’t take a lot of skill or vision. Maybe it is a good idea (it depends

> CEOs in the US buy back stock a lot these days. That naturally raises the price and doesn’t take a lot of skill or vision. Maybe it is a good idea (it depends) but do you really need to give out lavish compensation when you can manipulate the price? No they don't. Boards buy back stock. CEOs cannot realistically buy back company stock themselves. I mean, Iger only made $3million in cash, so this would be a losing strategy for him.