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A comment on Satya Nadella Added $850B to Microsoft. Parent comment

Re:Satya Nadella Added $850B to Microsoft by supercanuck on Friday November 22, 2019 @10:06AM (#21606156)
Microsoft has also been steadily buying back its own stock

https://www.wsj.com/articles/microsoft-to-buy-back-up-to-40-...

https://ycharts.com/companies/MSFT/stock_buyback

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Re:Satya Nadella Added $850B to Microsoft by DataGata on Friday November 22, 2019 @10:21AM (#21606297)
Shouldn't stock buy backs actually lower the valuation of the company (as cash leaves)?
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