Originally Posted by
hayimcow
http://www.investopedia.com/articles/02/041702.asp
The way I understand it is the company is investing in itself due to diluted shares. That money is going back into the company, not anyone's pockets. After your last thread about Spirit halving its planned growth I feel you should do some research on business and investing.
100% correct. Where do some of these guys come up with this crap? Stock buybacks refer to the repurchasing of shares of stock by the company that issued them. Essentially, a buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors, usually at a discount.
