I've always been confused about this point. In the stock buyback world apparently they just vaporize the stock when it's acquired, they don't hold it on the boo

I've always been confused about this point. In the stock buyback world apparently they just vaporize the stock when it's acquired, they don't hold it on the books because if they need to issue more they can always dilute and create new shares when they need it. Though I would disagree that FTT really functioned equivalently to ownership shares.