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A comment on Fed Prints Another $205B This Week, M2 Growing at Fastest Pace on Record. Parent comment

Re:Fed Prints Another $205B This Week, M2 Growing at Fastest... by david-gpu on Friday April 24, 2020 @12:26PM (#22969828)
Wouldn't a stock buyback reduce the number of outstanding shares, but keep market capitalization roughly constant? The company has less cash, but it has bought an asset of equal value with it (the shares).
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Re:Fed Prints Another $205B This Week, M2 Growing at Fastest... by postingawayonhn on Friday April 24, 2020 @07:08PM (#22973914)
Companies aren't allowed to hold shares in themselves. Once the shares are purchased the company cancels them.
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