FYI: Not all company share-buybacks are created equal.
Investors can gain a crucial advantage by taking this into account. And it takes surprisingly little effort to do so: less than 10 minutes of analysis whenever a monitored company reports earnings.
These are the fascinating conclusions of new research into a type of buyback known as an “Accelerated Share Repurchase.” These buybacks are like the more traditional share repurchase, except that they are executed all at once rather than gradually in the open market.
Regards,
Ted
https://www.marketwatch.com/story/how-some-companies-manipulate-share-buybacks-to-inflate-earnings-2018-09-24/print
