martybegan
Diamond Member
- Apr 5, 2010
- 83,009
- 34,341
Buybacks allow a company to keep more of its profits, thus helping it's own bottom line and making expansion easier if warranted.
Moron, IF Apple wanted to expand it could have done it way before this tax scam.....but they didn't. WHY IS THAT???
Maybe there wasn't demand. but in the end the buybacks will give them better ability to do so when warranted.
More self-ownership of stock = a healthier company = more flexibility in expanding if warranted.