Originally Posted by Ted Striker

I'm not too savvy on this topic but, I did some searching this morning. Basically from what I gather, said company literally has so much extra money and they have exhausted all ways of spending it.


Here is a good article -

https://www.forbes.com/sites/aalsin/.../#75699d196b1e

"Buying back company stock can inflate a company’s share price and boost its earnings per share — metrics that often guide lucrative executive bonuses"