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If it was just stock buybacks, the market cap would more or less remain the same due to increased price but less stock outstanding. The market cap has nearly d
by mleo 7y ago
If it was just stock buybacks, the market cap would more or less remain the same due to increased price but less stock outstanding. The market cap has nearly doubled as well since 2019 low.
- cdiddy2 7y agothats not true. A billion dollar stock purchase can push the market cap of an asset much more than a billion dollars. Even if you retired the shares you bought after.