Meta's $28 billion buyback fails to prevent stock repricing
Date2022
LocationUnited States
Fact statusHearsay
ImportanceIV ●●●●●
VerificationHearsay · 1 Sources
Meta repurchased 160 million shares for approximately $28 billion, but the buyback failed to offset the impact of declining cash flow and rising discount rates on intrinsic value.
Meta's $28 billion buyback fails to prevent stock repricing Meta repurchased 160 million shares for approximately $28 billion, but the buyback failed to offset the impact of declining cash flow and rising discount rates on intrinsic value.