Share buybacks to boost stock prices. Many companies are engaged in this strategy.
“The intentions of a share repurchase plan are simple: to “return capital to shareholders” by spending money in a way that makes the stock go up and shareholders wealthier as a result.
The primary idea is that buying back existing shares decreases the supply of outstanding stock, and gives existing shareholders a bigger piece of the company.” – Jeff Reeves
Can you understand how SHW stock is worth 4 x what it was when the real estate market was in a bubble before the 2008 crash?
Can you buy and hold a stock like this? Great looking chart, but does valuation actually matter at some point?
Share your thoughts about how this all ends.