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 Buybacks And Lies
Banditfist 854 posts, incept 2007-09-20
2019-02-27 14:06:17

If a company have any outstanding debt, they are paying interest on that debt (costs). Outstanding shares have no interest cost to the company. So why would any company buyback shares before paying off debt?

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"I'm sure I can't remember" ~ Ben Bernake 25 Jun 2009

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