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Old 05-13-2015 | 09:54 AM
  #4225  
BenderRodriguez
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Originally Posted by OldFlyGuy
airline stock buybacks make no sense to me.

$5B in stock buybacks is 13% of the current market cap. All things are not equal in that because a stock buy back is mostly psychological, but in terms of pure static dollars it should increase the value of the underlying by 13%.

Stock options anyone?
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