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Bank of America execs blew $93.6 billion. Here’s how they did it.

Por: MarketWatch Politics June 12, 2023

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The idea behind repurchasing shares on the open market is that they reduce a company’s share count and therefore boost earnings per share and support higher share prices over time. This doesn’t seem to be a bad idea, especially for a company such as Apple Inc. , which has generated excess capital and has appeared to be firing on all cylinders for a long time. For a company that is continuing to expand its product and service offerings while... + full article



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