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Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ... by robertlagrant on Thursday March 28, 2024 @09:30AM (#39851149)
That's not pumping stock, though, right? Pumping stock is artificially increasing the number of buyers, for a short period. You're describing reducing the number of sellers. Which may increase the price, or may not.
Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ... by thehappypm on Thursday March 28, 2024 @11:00AM (#39852452)
You could argue that the buyback itself, like the moment where the company actually buys the shares back, is a pump moment. they could have the demand far outstrip the typical demand in the moment. But long-term, the price should be higher as they have decreased supply.