@julias.algos: Did you know that it’s legal for companies to PUMP their own stock price? Here’s how and why they do it👇 A buyback happens when a company uses its own cash to purchase shares of its stock from the market. This reduces the number of shares outstanding, meaning each remaining share represents a slightly larger piece of the company. It can also increase metrics like earnings per share (EPS) even if total profits haven’t changed. Buybacks also create additional demand for the stock and signal that management believes the shares are a good use of company cash. #finance #stock #money #investing