Good reasons for buybacks
- Share price has been unduly punished - NOPE, WE SUCK AND WE'RE A SMALL WISP IN CLOUD WARS
- Buying cheap shares adds value for existing shareholders - MAYBE, IF YOU COUNT EXECS
Bad reasons for buybacks
- Boost key ratios - DEFINITELY TRYING
- Maintain value of stock options by boosting share price - YES, MIGHT KEEP SOME FROM BAILING EARLY
- Put off predators - NOPE