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In theory none? Stock buybacks increase the stock price but reduce the number of shares. So the market cap should stay more or less the same.
by countvonbalzac 2y ago
In theory none? Stock buybacks increase the stock price but reduce the number of shares. So the market cap should stay more or less the same.
- wuiheerfoj 2y agoIt reduces the number of shares on the public market, not the total number of shares. This can drive the price up if there is high public demand for the now reduced number of shares available