A substantial portion is funded with newly issued debt. https://fortune.com/2019/08/20/stock-buybacks-debt-financed/ https://fortune.com/2019/08/20/stock-buyba

A substantial portion is funded with newly issued debt. https://fortune.com/2019/08/20/stock-buybacks-debt-financed/ https://fortune.com/2019/08/20/stock-buybacks-debt-financed/ https://www.bloomberg.com/news/articles/2019-01-27/debt-financed-share-buybacks-dwindle-to-lowest-level-since-2009 https://www.bloomberg.com/news/articles/2019-01-27/debt-fina...