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Re:Stock buybacks are dangerous for the economy by dlp211 on Tuesday March 17, 2020 @04:05PM (#22609680)
Risk mitigation. Financing operations in good times allows me to run my company in a downturn with cash on hand when lending tightens up.

Financing paying shareholders is the opposite of this.

Re:Stock buybacks are dangerous for the economy by kgwgk on Tuesday March 17, 2020 @04:13PM (#22609781)
That doesn’t answer the question. Why debt and not equity? Both can be used to raise cash.