>>66361057There's other reasons to do it. I feel like the people who parrot this shit don't actually know much about investment
For instance Nintendo often does these same stock prices from time to time. They do it to protect themselves from 3rd party investors trying to get more shares of the company and thus more influence. Anycolor's stock falling so much puts them in a position where any old blackrock or whoever can swoop in, buy some shares on the cheap, and have massive sway on the company. Stock buy backs are generally a protective measure. I don't know why some of you are trying so hard to paint this as a greed situation, there's plenty of other instances of Anycolor being greedy you don't need to hard on something companies do all the time.
