Hacker News new | ask | show | jobs
by coldtea 1967 days ago
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?

2 comments

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

Yes!