Warren Buffett's latest insights on investing to help create long-term wealth https://ift.tt/7EG8oed are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others' stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.
Saturday, March 25, 2023
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