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Surely not because the buybacks boost the value of shares.
Share buybacks are usually good for existing investors as they reduce the number of shares on the open market which should boost the value of available shares.
It needs taxpayers' money to boost the value of its shares in order to avoid using the government's asset protection scheme, which to date it still hasn't paid for.
(By contrast, Bouygues SA's other shareholders gained from the possibility of a bid, because it could boost the value of their shares).SAUR was the ideal vehicle for buying shares it had a stable cashflow and almost no debt.
Other troubled firms have attracted bids from private-equity funds, such as America's Ripplewood.At the other extreme, a few healthy firms have willingly ceded some independence so as to boost the value of their shares.
He wanted the media conglomerate broken into four businesses, believing that would boost the value of Time Warner shares by $50 billion.
The moves are part of the company's bid to boost the value of its flagging share price.
That could, he suggests, boost the value of E.ON's shares, which are trading at a discount to those of its peers.
Billionaire investor Carl Icahn has made another push for Apple to buy back its stock, saying the move will help boost the value of Apple's shares.
The consortium said it had identified merger benefits that could boost the value of the proposal to 408p a share.
Rather executives have been borrowing money cheaply for share buyback schemes that boost the value of the equity they hold in their own companies.
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