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MATH OF STOCK BUYBACKS
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MATH OF STOCK BUYBACKS

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InvestAnswers
Nov 25, 2022
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Today’s Take

  • Since the great recession, share buybacks have surpassed dividend distributions in contribution to shareholder return

  • AAPL shows us how buyback strategies can inflate both the equity and earnings over a prolonged period of time

  • Tesla is estimated to realize between $12-15B in free cashflow that could fund a $10-15B buyback program over the nex…

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