Company Share Prices and Intentions to Repurchase Shares Your friend has thought about repurchases of common stock

Question:

Company Share Prices and Intentions to Repurchase Shares Your friend has thought about repurchases of by the issuing company and has concluded that this is unethical. Specifically, this friend says that the company knows more than you do and if the company decides to repurchase shares, it is taking advantage of shareholders. How do you respond?

Common Stock
Common stock is an equity component that represents the worth of stock owned by the shareholders of the company. The common stock represents the par value of the shares outstanding at a balance sheet date. Public companies can trade their stocks on...