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A comment on Stock buybacks are dangerous for the economy. Parent comment

Re:Stock buybacks are dangerous for the economy by MuffinFlavored on Tuesday March 17, 2020 @05:59PM (#22610953)
> This way investors can fund the next generation of companies.

This is where I get confused. Say APPL was $100 share, and so many people buy it that it goes up to $200/share. How does this really benefit APPL? They don't ever issue more shares from what I can tell (they don't need to raise capital).

Why does the share price of APPL/AMZN/TSLA matter to them? To attract investors/keep a board of directors happy, sure

But what do they financially gain by their market cap going up?

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Re:Stock buybacks are dangerous for the economy by the_watcher on Tuesday March 17, 2020 @06:11PM (#22611097)
It is beneficial to the owners of $AAPL, their shareholders, whose wealth doubled simply via buybacks. Relatedly, it increases the value of unvested stock held by employees, helping with retention and recruitment.
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Re:Stock buybacks are dangerous for the economy by jldugger on Thursday March 19, 2020 @09:45PM (#22633740)
Like most of the bay area, they do issue shares to employees. If you stop thinking of companies as a monolith but rather a diverse set of agents (and owners) then I think you'll realize nothing can ever benefit AAPL, only it's shareholders, directors, managers and employees.
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