Way back when? The way I remember is that buyback has always been seen by the public as a sign of good faith, ie. the company believes in its future growth.
Anyway, I get your point. Lately, these idiotic companies bought their own stocks at taxpayers' expense thanks to no other than the...
It came down from the previous week. It's still a crappy number but, as they say, the market likes to keep its head in the ass as long as possible. :confused: