2 ms·
Close to how it work, but because of how money work, in practice the stock price would probably be a bit superior to $1k in most cases. Well, if a company buyb
by orwin 2y ago
Close to how it work, but because of how money work, in practice the stock price would probably be a bit superior to $1k in most cases.
Well, if a company buyback half of its shares all at once, it's probably because it expects a lot of returns w/o the need for new investments, so probably the new share will be worth a lot, lot more.
[edit] I wanted to add more nuance but parents is basically correct and the OP example is dumb.