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A comment on Companies Use Borrowed Billions to Buy Back Stock, Not to Invest. Parent comment
Apple does buybacks for “compensation”.
In reality I think they have these motivations:
1) they think their yield is higher than the market.
2) their company is not an investment fund, but you still want your cash deployed.
3) Steve wanted to have nothing to do with investors anymore
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Apple does buybacks for “compensation”.
In reality I think they have these motivations:
1) they think their yield is higher than the market.
2) their company is not an investment fund, but you still want your cash deployed.
3) Steve wanted to have nothing to do with investors anymore