I really don’t understand why companies buy back stock unless it’s to juice their quarterly numbers.
Looking at so many mega caps and airlines that spent billions in buybacks in 2021. It actually hurts to think about how much they spent and how that money is up in smoke. Why not wait until a “dip” to buy instead of buying at all time highs?
It all just seems like the problem of “the next quarter”. Forget long term health next quarter takes precedence
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