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by muhneesh 2727 days ago
If you believe that your stock is undervalued relative to its risk-adjusted expected future value, it would be a good time to do a stock buyback.

Colloquially, if you think your company is going to do relatively good compared to market expectations (revenue, operating profit, net income, etc. will be better than the market fears over the long term) - then it's a good time to do a stock buyback.