> Companies don't use debt to buy stock. Sure they do. Edit: https://www.bloomberg.com/news/articles/2019-08-08/companies-use-borrowed-billions-to-buy-back-st

> Companies don't use debt to buy stock. Sure they do. Edit: https://www.bloomberg.com/news/articles/2019-08-08/companies-use-borrowed-billions-to-buy-back-stock-not-to-invest https://www.bloomberg.com/news/articles/2019-08-08/companies... By the way, the claim “Taking on the debt to do that would depress the stock price“ doesn’t seem correct. The influence of leverage on valuation is complex and depends on the cost of debt and equity, tax shielding considerations, the increase in risk due to the financial leverage... and essentially on what the money is going to be used for.