>I think I have provided enough information to show that >you don't automatically increase a share price simply by >buying back shares, as was implied by your original posts.
I didn't imply that I stated that because it's true and provable from any number of textbooks.
Doing a sharebuyback in an undervalued firm with debt increases shareprice all things being equal.
As in page 533 of issues in financial accounting by henderson& Peirson tenth edition
Ryan
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- a share buy back
>I think I have provided enough information to show that >you...
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