3 ms·
This reminds me of stock buy-back programs. The company, using company revenues, to buy the company. Although now I understand them, when I first heard of the
by nostromo 13y ago
This reminds me of stock buy-back programs.
The company, using company revenues, to buy the company.
Although now I understand them, when I first heard of them I immediately thought it would lead to a stack overflow...
- thatthatis 13y agoIf you find this amusing, you should read the book "devil take the hindmost," particularly the section on the south sea bubble. Tldr: in the south sea bubble it did eventually lead to a stackoverflow
- dllthomas 13y agoHow did buy-backs figure in that?
- raldi 13y agoJust think of them as issuing a negative amount of new stock.
- eru 13y agoShare buy backs are equivalent to dividends, modulo taxes and accounting.