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Stock buybacks are known a s the financial strategy which firms used just to improve shareholder value which has to do with buying back their own shares, which as much reduces the number of outstanding shares, and in that order it also increase earnings per share (EPS) which drive up the stock price, hence the benefit shareholders, hence as the remaining shares are now worth a lot to the company’s total value.
So far through buybacks gives short-term benefits, which might always reflect on that which has to do with a long-term growth strategies, hence the critics has to do with funds spent on buybacks which has to be spent on a better investment which have to do with innovation, employee development, which contribute to sustainable growth
Am @kingworld-line