Key Takeaways:
ASML announces a strategic share buyback plan, targeting 10% of its outstanding shares by October 2026.Wall Street analysts project a significant
In the end it gives the company more autonomy, and less power to shareholders who mostly look for short sighted gains. So in some cases it is a step in the right direction.
In the end it gives the company more autonomy, and less power to shareholders who mostly look for short sighted gains. So in some cases it is a step in the right direction.
That is not a rule though.
It doesn’t, the buyed back stocks belong to the company which belongs to the remaining shareholders