
Lesson 5: Buybacks & Share Repurchases. When buybacks create value and when they destroy it — and how to tell which you're watching.
A company buys back its own shares. Good move?
Go with your gut — before we split the good from the bad.
Assessment
A company spends its spare cash buying back its own shares. Is that good for the holders who don't sell?
No right-sounding answer here 👋