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ISL
on Dec 11, 2019
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S&P 500 Buybacks Now Outpace All R&D Spending in t...
Each share is worth more, but the company is worth less after a buyback.
Before the buyback, it is a company with some extra cash. After the buyback, it is just the company.
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Before the buyback, it is a company with some extra cash. After the buyback, it is just the company.