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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (35301)	9/15/2017 3:51:35 PM
From: zzpat	Read Replies (1) \| Respond to of 364382

I said stock buybacks are bad for investors and companies. You disagreed. I suggested you give me one example of a company with a stock buyback that has falling top and bottom lines that's good for investors. My point is that many CEOs simply did what others were doing (follow the leader, not leading) instead of doing what was right for their companies. I can cite a company that had falling top and bottom lines and the board authorized a stock buyback. I'm taking this in reverse order to give it more "color." Why would a board or CEO do a stock buyback when top and bottom lines are falling? You may recall I said previously that stock buybacks can be acceptable if top and bottom lines are rising and the company has a lot of cash. I also assume they're investing heavily in R&D.