GolfBargainHunters

Buybacks: Not All They're Cracked Up to Be

Buybacks usually are not a good use of a company's capital. They purchase shares to offset executive stock options and the such. Also, company's usually buy shares at the wrong time, when they are fully valued, or even overvalued. It would be more shareholder friendly to disperse the cash to shareholders, and let them decide how best to use the cash, not fund the executive's.