As a macrotrend (not isolated), stock buybacks are the most principled way for elites to say “as a civilization, we’re collectively out of ideas and we’re doing this because our next best idea is a big orgy for senior execs on a private island, and that’s a bad look for 2019.”
Conversation
Replying to
Are dividends just out of style, or are they trying to fool the algos with stock price growth?
1
Replying to
Low cost financing to purchase stock, lower dividend payments and future *net* cash outflows. Also let inflation depreciate the real value of the added debt over time :)



