[larrydag]

Shareholder primacy is a drain on so many levels. Think of all the R&D that could have been spent instead of buying back shares.

[lotsofpulp]

The share buybacks help offset these big companies’ RSUs for highly compensated employees. The share buybacks also allow shareholders to have a taxable event when they want to, not when the business wants them to.

It would be crazy not to do share buybacks for a growing business.