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Not true. Facebook's share count has been roughly neutral, slightly negative. The buybacks get canceled out by employee equity issuances. Look at Apple's share
by adam_arthur 5y ago
Not true. Facebook's share count has been roughly neutral, slightly negative. The buybacks get canceled out by employee equity issuances.
Look at Apple's share count over time if you want to see a buyback not overpowered/diluted by employee equity.
https://www.macrotrends.net/stocks/charts/FB/meta-platforms/shares-outstanding https://www.macrotrends.net/stocks/charts/FB/meta-platforms/...
https://www.macrotrends.net/stocks/charts/aapl/apple/shares-outstanding https://www.macrotrends.net/stocks/charts/aapl/apple/shares-...
It's possible these new rounds of buybacks are far in excess of employee comp though, just saying historically speaking.