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I'm not sure how you got to this post after reading the OP. Company leadership should focus on returning capital when appropriate. They should not be repurcha
by mywittyname 7y ago
I'm not sure how you got to this post after reading the OP.
Company leadership should focus on returning capital when appropriate. They should not be repurchasing shares at obviously inflated prices as a last-ditch effort to further raise share prices so they can cash out their bonuses. They should be using that money to improve the business.
Basically, leadership needs to think about long-term health, instead of making poor business decisions to improve executive bonuses.
- SamReidHughes 7y agoThey were repurchasing shares for years and years. If shareholders were unhappy about that, they had every opportunity to replace the board. Or if they are a minority, they can sell. If you’re not a shareholder, you’re free to mind your own business.
- SolaceQuantum 7y agoShareholders are not the ones who lose the most when the ravens come to roost.