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Stock buybacks are different from wash trading. When a company does a stock buyback it’s abundantly clear that the company is buying its own stock. The point
by affyboi 3y ago
Stock buybacks are different from wash trading.
When a company does a stock buyback it’s abundantly clear that the company is buying its own stock.
The point of wash trading is to make it seem like there’s more activity around a traded security than there really is. You’re artificially pumping the books and it’s extremely illegal with regular stocks