I have a potential solution to make stock buybacks fair. To do a stock buyback, the corporation must first buy the shares and exercisable options from the board, then the c-suite, and the e-suite. Then and only then can they go to the market.
That way it’s clearly a direction for the shareholders not the folks approving the buy backs.
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@sfleetucker
All options. Not just in the money, excerciseable options. All puts, all calls, all shorts.