If you were in the position to make the law, would you outlaw share buybacks?
If you were in the position to make the law, would you outlaw share buybacks?
Isaac Nguyen
Josiah Powell
That's retarded. If they can sell them they should be able to buy them back too, no decision should be so final it forces the owner of the business into a corner
Julian Wright
Not directly, no. There would have to be some examination of whether or not a company was buying back its own shares in order to benefit large share holders by bolstering their stock price. It's mostly only a problem if it either falls, more or less, under insider trading, or if government stimulus money was being used for the sake of those buybacks. That can be solved by stipulating that the money can't be used for buybacks.
Which is all pointless of the people enforcing these regulations are toothless, and if they're toothless then the law is just a piece of paper.
Ayden Hughes
Her sister is hotter
Jace Davis
Idk what that is. It just pumps the stock, right? What are some corrupt ways companies abuse this? I'd need to know that.
Henry Perez
buybacks are simply rewarding share holders, buffet have many times said he always chooses buy backs over dividends, taxes and such, buy backs are better for stock price too
Samuel Cook
>noooo you can’t buy back shares you have to donate the money to abortion clinics in North America and Europe, and donate money to Israel and Africa
Brody Cox
Share buybacks and dividends are functionally equivalent and are taxed equally around most of the world. You can literally demonstrate this using basic finance methods.
Christian Fisher
>current gf is stupid as bricks
>will never get a gf that is smart and good at chess
Jace Hughes
and younger
Hunter Sanders
I'll outlaw all non-dividend shares (AMZN, NFLX, Facebook, Berkshire Hathaway, TSLA).
Luis Garcia
Pumping ones stock in a way that's largely untouched by taxation
Noah Davis
What about crypto?
Ryder Williams
you in the back
Jace Reyes
Any movement of any stock is untouched by taxation unless it's sold.
Luis Thomas
chess is the only sport that allows equality, men play with women. and women are crushed year after year strategically picked apart by genetically superior intellectual ability men
William Diaz
>Pumping ones stock
This is a misconception, the lower number of shares does not in fact increase their price. Say company X buys back $1M in shares and thus removes them from circulation. This is exactly offset by $1M in cash getting removed from the balance sheet, and the company thus becoming worth less by exactly that amount.
Austin Lee
If you hold 1 stock of a company, they can use money to pay you dividend, or they use the money to pump your stock. In the latter case tax is held off till you sell your share, while at the same time the company doesn't lose assets.
Of course it's not stupid to do it as a company, but the whole scheme must be looked at in the grand schemes of things.
Something bad happens, FED prints money. Money is loose. A company like apple now sits on 200 billion dollar somewhere in Ireland, more money than they know how to spend. So they pump the VC bags with the FED's free money. Then inflation hits so that the anti-VC's the poor people, get fucked twice.
Colton Sanchez
Nah. It would be hypocritical to outlaw share buybacks while offering treasury bonds and controlling rates on top of that.
Aaron Stewart
shes also more annoying, never shuts the fuck up.
Aiden Ross