The case against share buybacks (opens in new tab)

(app.newsoveraudio.com)

4 pointshickeygareth8y ago2 comments

2 comments

Share buybacks are purely to boost exec remuneration. At these prices they should be stopped or at least restricted based on company debt, etc.

A price-to-book cap (similar to Berkshire's) or a share price limit should be set from the outset alright.

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(app.newsoveraudio.com)

4 pointshickeygareth8y ago2 comments

Share buybacks are purely to boost exec remuneration. At these prices they should be stopped or at least restricted based on company debt, etc.

A price-to-book cap (similar to Berkshire's) or a share price limit should be set from the outset alright.

j / k navigate · click thread line to collapse