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
When Apple buys back shares, those shares are absorbed back into the company. That means the shares you own are now a larger proportion of the total number of shares, so the price goes up.
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