RE: Buybacks3 Feb 2025 17:56
Longtime. Buy backs depress the sp (market cap) because they have to be paid for, but at the same time add to the sp by reducing the shares in circulation, so it roughly balances out. You are just doing a tit for tat argument. Time to move on. Fantastic day for vod today though. All eyes on Tuesday. Good luck to all vod shareholders. Please stop these pointless arguments. Buy back, sp rises, good, buy back, sp falls, bad. Simple. Not rocket science.