Question: Are buybacks simply a trend of a few companies with extra cash on their balance sheets? Need explanation in more than two hundred and also

Are buybacks simply a trend of a few companies with extra cash on their balance sheets?

Need explanation in more than two hundred and also explain reason for the answer IN TEXT FORM

Please provide correct answer i will definitely give u positive rating and upvote. Please don't provide wron*g answer.let real experts solve this question. If at all I find incorrec*t and plagaris e*d answer then I will definitely repor*t your answer. So please be careful

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