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Companies have been buying back their stock since 1983. It boosts prices, which makes shareholders happy. Of course, it can kill the company when it buys at $40, shares drop to $15, and the entire industry grinds to a halt.
By Jared Dillian4.8
170170 ratings
Companies have been buying back their stock since 1983. It boosts prices, which makes shareholders happy. Of course, it can kill the company when it buys at $40, shares drop to $15, and the entire industry grinds to a halt.

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