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r/FluentInFinance • u/The-Lucky-Investor • 5d ago
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Lowes issued 9.6billion in debt in 2022 to pay for that buyback.
Just thought that might be relevant to mention...
3 u/jrr6415sun 5d ago Literally this. They sell shares as debt and then they buy them back. It’s crazy people are mad at buying back shares but not at selling shares.
3
Literally this. They sell shares as debt and then they buy them back. It’s crazy people are mad at buying back shares but not at selling shares.
18
u/galaxyapp 5d ago
Lowes issued 9.6billion in debt in 2022 to pay for that buyback.
Just thought that might be relevant to mention...