>>79862669>only for the money to disappear when the stock falls again instead of doing literally anything else with the moneyAnon, that's not how stock value work. Prior to buyback, if their stock value continued to drop, then investors would be forced to sell to save what can be saved. That why they bought back, to prevent a death spiral.
>b---b-ut Cover too!Cover opened their stocks at 1349 yen (they're still up by 46% to this date) with no buybacks. Anycolor opened at 3255 yen (down by 24% to this date) despite buying back twice already, one in December 2023 for 2.5 billion yen and this most recent one for 7.5 billion yen LMAO
