Why do firms use their cash to buy back company shares


Discussion

Why do firms use their cash to buy back company shares vs. pay down dept? As an investor how do you feel about this practice? Who wins?

The response must include a reference list. One-inch margins, double-space, Using Times New Roman 12 pnt font and APA style of writing and citations.

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Corporate Finance: Why do firms use their cash to buy back company shares
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