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A comment on Airlines want to cancel rule requiring them to refund fares for canceled flights. Parent comment

Re:Airlines want to cancel rule requiring them to refund far... by smabie on Tuesday April 07, 2020 @10:20PM (#22809478)
It doesn't matter that they are buying at a higher price, theoretically stock buybacks should have no affect on the market value of the company. All it does is increase shareholder equity and buy the same amount decrease the number of floating shares. The problem is that retail money only looks at the price of the stock without any context for the company as a whole.
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Re:Airlines want to cancel rule requiring them to refund far... by somethoughts on Wednesday April 08, 2020 @03:16AM (#22810714)
There is a very real issue if the company pays too high a price for its share buybacks. Taken in the extreme case of the corona virus there is a very real difference if the company (say the airlines) did a buyback of a set amount of shares in January 2020 versus if the company did a buyback of the exact amount of shares buyback today, post corona virus crash.
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