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> Buying back shares knowing they're massively overvalued would be destroying shareholder value. That is an interesting way of putting it. Sam Palmisano took I
by mannykannot 6y ago
> Buying back shares knowing they're massively overvalued would be destroying shareholder value.
That is an interesting way of putting it. Sam Palmisano took IBM on a massive buyback program a decade ago, and nothing about IBM since then has refuted your thesis!
https://mbiconcepts.com/do-stock-buybacks-work.html https://mbiconcepts.com/do-stock-buybacks-work.html