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The problem is with CEO compensation incentives, not buybacks. Buybacks do not increase a company's market cap, just ownership per share. If a company compensa
by defertoreptar 7y ago
The problem is with CEO compensation incentives, not buybacks. Buybacks do not increase a company's market cap, just ownership per share.
If a company compensated management based on future market cap and did not compensate with a fixed number of shares, then this would not be an issue.