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A comment on DOJ compares AAPL share buybacks with R&D as 'evidence' of lack of competition. Parent comment

Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o... by orev on Wednesday March 27, 2024 @01:08PM (#39841774)
Wouldn’t the people selling those shares already be selling them (and paying taxes) regardless of whether they’re selling to someone else or to Apple? Unless they sold with the specific knowledge the shares were going to Apple, which doesn’t really make sense.

Those sellers are already going to be paying taxes no matter who they sold to, and then they’re out of the market. So if the stock price goes up, only the people who held would gain any value from it.

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Re:DOJ compares AAPL share buybacks with R&D as 'evidence' o... by bitshiftfaced on Wednesday March 27, 2024 @02:09PM (#39842599)
When you have a buy back, you have more buyers in the market, which puts upward pressure on price, which increases the likeliness that someone sells (and then the increased selling puts downward pressure on the price).

And I would argue that those who hold didn't actually gain any value from it, unless the stock price was lower than it should've been at the time of the buy back.

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