Stock buybacks really do not return cash to stockholders because only those who sell back stock receive

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Stock buybacks really do not return cash to stockholders because only those who sell back stock receive the cash. Is this statement true or false? Explain.

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Applied Corporate Finance

ISBN: 978-1118808931

4th edition

Authors: Aswath Damodaran

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Question Posted: Apr 15, 2015 09:00 AM

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Stock buybacks really do not return cash to stockholders because only those who sell back stock receive

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The statement is false Shareholders collectively rece...View the full answer

Applied Corporate Finance

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