From whomever wishes to sell on the open market...The Stock Market handles this.
When a Corp buys back some of it’s shares, that mean that the Dividends that they pay out will be reduced. That extra profit will be available for expansion. With lower Corp taxes from Trump’s plan, they can open more stores, etc. That means MORE JOBS !!! Why cannot any person in the media understand this???
I NEVER got to spend my GROSS PAYCHECK-—and neither did any of you here on FR. We ONLY got to spend the NET PAYCHECK.
With lower taxes for us, we are , in effect, also getting a raise.
The monumental lack of any media person understanding this makes my blood boil.
What? If they want to expand why not spend the money on expansion instead of stock buyback?
The increased earnings they may realize from paying less in dividends is trivial compared to the cash they have to use to buyback the stock.
I'm not sure. Why can people not understand that a company does not expand for the sake of expansion? They will expand only if there is an increase in demand for their goods or services that justifies it, and the tax cut alone will not result in that.