4 ms·
> You can sell your stocks to someone else. The company doesn't have to be the one to buy it. But that defeats the purpose. The company buys back stock not to
by rootusrootus 4y ago
> You can sell your stocks to someone else. The company doesn't have to be the one to buy it.
But that defeats the purpose. The company buys back stock not to hold it, but to dissolve it and drive up the value of remaining shares mathematically.