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Date Posted: 8:09:04 2/08/23 Wed
Author: Jasper
Subject: Article tries to convince us that stock buy-backs are a good thing for individual investors.

what rock did the author crawl out from under. Stock buy-backs are only good for executives wanting a larger bonus. Not good for the nation as it falsely claims the stocks that were bought back are worth more that what the market claims. This actually limits executive mismanagement.

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Biden to Quadruple Buyback Tax on Your Life Savings

Stock buybacks explained
Stock buybacks return value to shareholders.

Public companies will often use residual cash flow to repurchase shares of their own company in the market. This action provides a distribution of cash to shareholders by reducing the number of outstanding shares, driving up the share price, and increasing per-share earnings for remaining shareholders.

https://www.independentsentinel.com/biden-to-quadruple-buyback-tax-on-your-life-savings/

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