Esquire

Stock Buybacks Aren't Inherently Evil, They're Just Devilishly Abused

Stock Buybacks Aren't Inherently Evil, They're Just Devilishly Abused

“You've got one person who is the CEO and the chairman and the largest stockholder in the company, and he frankly is responsible for a number of bad business decisions,” Connor says. “The share price took an almighty hit, and the solution was something close to a gimmick to try and bring it back.”