RE: Buyback , short squeeze18 May 2026 04:26
MadMM, you are right, but more because the buyback will reduce the number of shares in issue. The same total earnings then equate to more earnings per share, typically generating a higher multiple price to earnings ratio for the company, and so a higher price.
As others have said though, it won't happen for a while, and not at the SP lows (paradoxical as that might seem)