Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ...
by overstay8930 on Thursday March 28, 2024 @08:00AM
(#39850126)
You're probably thinking of co-ops, it is much harder to be a non-profit for most types of companies.
Usually when people buy shares they are going to try and get the most shares for the least amount of money, but the incentives are a bit different for stock buybacks. I don't know if buybacks are large enough to "move the market" but I'd be curious to see details on how exactly orders are placed.
I'm a big believer that we need more non-profits that simple exist to employ people and provide goods and services. I realize this is just a charity and depends on the good will of people with capital.