[kugutsumen]

Shares that are bought back by a company are destroyed. Thus, increasing the value of the remaining shares.

[coldtea]

Shares that are bought back, buy back ownership of the company though, no?

If in a trivial example, they buy back all the shares but 1.

Would the person holding that last 1 share have suddenly 100% of Apple?

[tinus_hn]

Don’t forget they can’t buy shares without someone selling them. So if they have bought so many shares back there’s only 2 left, these two people each control 50% of the company and aren’t going to sell that share (for a small amount)

[jerry80]

>Would the person holding that last 1 share have suddenly 100% of Apple?

Yes!

[thisarticle]

I’d be interested in the mechanics of how that works. I understand buying and selling of shares, but do you just got it the exchange and tell them you want the shares destroyed or?

[encoderer]

I shit you not somebody writes "canceled" on the paper shares and moves them to a separate holding area.

[tinus_hn]

But what if they are bought by another company? That the original company controls?

[valuearb]

That doesn’t reduce share counts.