Re:Companies Use Borrowed Billions to Buy Back Stock, Not to...
by konschubert on Sunday August 11, 2019 @10:19AM
(#20668272)
It may also be that you realize that your shareholders know better how to invest the money than you do.
If, as a company, you feel that the thing you’ve been doing won’t be relevant in the future, you can either try to do new stuff, or give money back to shareholders so THEY can do new stuff.
If, as a company, you feel that the thing you’ve been doing won’t be relevant in the future, you can either try to do new stuff, or give money back to shareholders so THEY can do new stuff.