Should large U.S. companies be banned from buying back their own stock?
Stock buybacks let companies return cash to shareholders by repurchasing their own shares, raising the price of the remaining stock.
Stock buybacks let companies return cash to shareholders by repurchasing their own shares, raising the price of the remaining stock.
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Sure. It's up to companies (boards, voted on by shareholders) how they invest. And buying back stock can be a good, tax-advantaged way to return value to shareholders.