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From option 1, are corporate profits up because of expanded share buyback operations of those corporations? In the current economic downturn buyback-ing seems
by voidmain0001 6y ago
From option 1, are corporate profits up because of expanded share buyback operations of those corporations? In the current economic downturn buyback-ing seems to be the way to show earnings to shareholders...
- MrPowers 6y agoI was referring to net corporate profits (revenue minus expenses) which aren't impacted by share buybacks. Share buybacks reduce the number of shares outstanding and increase the earnings per share, but don't impact net income.