Is it possible that a company lets the value of its stock drop on purpose so that they can buy it back for cheap?


My stock from Opera limited has droped to its lowest ever value over the last year during that time opera decided to buy their shares back. Now the company is reporting great numbers again which drives its stock price up of course.

Would it make sense for a company to “mismanage” a comany that the value drops down so that they themselves can buy it for a good price?

And why?

sorry if this is a really stupid question but i genuinely dont know!


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