Buyback Payout Policy

Read the following article/excerpt: Lazonick, W., and Jacobson, K. (2018, August 23). End Stock Buybacks, Save the Economy. The New York Times Buffett, W.E. (1984). Warren Buffett’s 1984 Letter to Berkshire Shareholders. Read the “Dividend policy” section Question for discussion: Comment on when or under what circumstances share buyback would be considered a bad investment.

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