[semimojo]

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.

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.

[ridesthemiles]

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.”””
Maybe for one dividend payment cycle-—but in the long run, NO.