News for hackers. Stuff that matters.

A comment on Companies Use Borrowed Billions to Buy Back Stock, Not to Invest. Parent comment

Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by manderley on Sunday August 11, 2019 @05:27AM (#20667267)
If maximizing value to the shareholders is the goal, companies should dissolve and pay out the proceeds as dividends.
[ Parent | on HN ]
Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by aeternus on Monday August 12, 2019 @02:53AM (#20673069)
That may maximize the immediate value to shareholders, but the real goal is to maximize all discounted future cash flows.
[ Parent | on HN ]
Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by calgaryeng on Sunday August 11, 2019 @11:00AM (#20668456)
That's not how business works.

- Corporate tax vs. individual tax - Deferred tax assets - Sum-of-the-parts valuations - Internal project NPVs > NPV of investments available to an investor

[ Parent | on HN ]