Comment on Apple First Quarter ResultsparentComments−coldtea5yShares that are bought back, buy back ownership of the company though, no?If in a trivial example, they buy back all the shares but 1.Would the person holding that last 1 share have suddenly 100% of Apple?−tinus_hn5yDon’t forget they can’t buy shares without someone selling them. So if they have bought so many shares back there’s only 2 left, these two people each control 50% of the company and aren’t going to sell that share (for a small amount)−jerry805yWould the person holding that last 1 share have suddenly 100% of Apple?Yes!
Comments
Shares that are bought back, buy back ownership of the company though, no?
If in a trivial example, they buy back all the shares but 1.
Would the person holding that last 1 share have suddenly 100% of Apple?
Don’t forget they can’t buy shares without someone selling them. So if they have bought so many shares back there’s only 2 left, these two people each control 50% of the company and aren’t going to sell that share (for a small amount)
Yes!