MQG 2.18% $206.70 macquarie group limited

The on market buyback is mostly for the benefit of the senior...

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    The on market buyback is mostly for the benefit of the senior management and their incremental dilution of the share base with their massive annual stock-based bonuses.
    A share buy back at $180 or thereabouts doesn’t make much sense for the great mass of shareholders.
 
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