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A comment on Alphabet Announces First Quarter 2022 Results. Parent comment

Re:Alphabet Announces First Quarter 2022 Results by bufferoverflow on Tuesday April 26, 2022 @05:07PM (#31173184)
> Authorized to buyback up to $70B in shares, that's a large number and indicates someone at google thinks rev is slowing down, see TikTok

Isn't it the opposite? It means Google thinks their stock will be undervalued, and they want to buy it back?

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Re:Alphabet Announces First Quarter 2022 Results by christophilus on Tuesday April 26, 2022 @05:13PM (#31173254)
Depends on whether you have good capital allocators at the top. Most companies don’t, really.
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Re:Alphabet Announces First Quarter 2022 Results by rabidonrails on Tuesday April 26, 2022 @05:39PM (#31173508)
Althought 70B is a large number and based on the anti-trust lens that GOOG is under I wonder if they think this is a better way to return money to the shareholders than inviting DOJ scrutiny.
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