Rubbish Mr Mircat.
The buy back for long term holders is a total win win.
Less shares on market bolsters the share price as it is directly proportional to company value price.
This also has a secondary roll on effect to benifit holders as the dividend will also be higher as there are less shares to divide and allocate the company profits.
Trading stocks short term is like reading tea leaves.
That is why I dit tight, enjoy the dividends and sleep soundly.
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