How do stock buybacks work?

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I own some stock in Apple. Yesterday they announced they will be doing a stock buyback. Will I be compelled to sell the stock back to them? Will I receive some kind of offer from Apple? Will nothing happen?

I’ve searched for this and can only find articles about why companies do stock buybacks, not from the perspective of the shareholder

In: Economics

12 Answers

Anonymous 0 Comments

You won’t be asked to sell anything. They are buying what is available on the open market for market price.

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