IT Majors’ Share Buyback: Shouldn’t They Fuel Innovation And Support Startups Instead Or Are They Done

Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of shareholders. But to what end?

“The IT industry is focused on digital transformation, and its leadership teams are working with their clients to create new business models,” says Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.

[Source]

Leave a Reply