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> Authorized to buyback up to $70B in shares, that's a large number and indicates someone at google thinks rev is slowing down, see TikTok Isn't it the opposit
by bufferoverflow 4y ago
> Authorized to buyback up to $70B in shares, that's a large number and indicates someone at google thinks rev is slowing down, see TikTok
Isn't it the opposite? It means Google thinks their stock will be undervalued, and they want to buy it back?
- christophilus 4y agoDepends on whether you have good capital allocators at the top. Most companies don’t, really.
- rabidonrails 4y agoAlthought 70B is a large number and based on the anti-trust lens that GOOG is under I wonder if they think this is a better way to return money to the shareholders than inviting DOJ scrutiny.