alexmerced
Libertarian Thoughts
1 min readSep 28, 2018

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Shareholder buybacks do two things that do create economic value:

  • Provide liquidity to exiting investors so they can go invest in other businesses creating economic investment elsewhere
  • Allows the remaining shareholders to have non-taxable appreciation but also creates headroom for capital raising later when the company needs it.

Shareholder buy back are not a bogeyman for you to complain about because you wish they spent the money your way.

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alexmerced
Libertarian Thoughts

Vice Chair of the Libertarian National Committee, learn more at AlexMerced.com.