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Re:GM’s Stock Buyback Is Bad for America and the Company by eru on Friday March 13, 2015 @07:16AM (#9196548)
As adventured mentions, it doesn't matter what the stock price is.

A stock repurchase is a way to move money from the company to the stockholders. Exactly the same as dividends.

In an efficient market, the effects on market capitalization (outstanding stock * stock price) of dividends and stock repurchases will be exactly the same.

Re:GM’s Stock Buyback Is Bad for America and the Company by waltertan12 on Friday March 13, 2015 @07:38AM (#9196622)
Yeah, my mistake. I guess my argument was against how there was "nothing scary about them." This article wouldn't exist if there wasn't some concern about buybacks.
Re:GM’s Stock Buyback Is Bad for America and the Company by eru on Friday March 13, 2015 @07:44PM (#9200802)
People have concerns over all kinds of innocuous things, like eg shorting a stock, or GM food, monads, or modern nuclear power stations.