This doesn’t apply to the BBBY case, but back when long-term corporate bonds could be sold at ~2%, it made a ton of sense to issue low rate bonds to buy back st

This doesn’t apply to the BBBY case, but back when long-term corporate bonds could be sold at ~2%, it made a ton of sense to issue low rate bonds to buy back stock. Apple made a killing on this play in 2013-2017, then again in 2021: https://www.macrotrends.net/stocks/charts/AAPL/apple/debt-issuance-retirement-net-total https://www.macrotrends.net/stocks/charts/AAPL/apple/debt-is...