No - if the price is $X, then the shareholder is exchanging $X in shares for $X ... | Hacker News

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sib on Dec 11, 2019 | parent | context | favorite | on: S&P 500 Buybacks Now Outpace All R&D Spending in t...

No - if the price is $X, then the shareholder is exchanging $X in shares for $X in cash. That's not a transfer of wealth.

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