Stock Buyback question

This may be a lament question- but how does the stock buy back work. Like Google is buying back $70b in stocks- does that mean the Google corp/llc now owns those stocks and then the stock holder who own google stock already get those new stocks ?



View Reddit by m2slamView Source

bullishcandlestick.com
bullishcandlestick.com
Articles: 23248

Leave a Reply

Your email address will not be published. Required fields are marked *