The video 🎥you have attached about Amazon $10B buyback is on tiktok.com, and this website is inaccessible in my country (India 🇮🇳). Can you please help with a brief of the video to better grasp the topic. 📖
Of course (and sorry about that - appreciate Tiktok is becoming more restricted in some regions).
In a nutshell...Amazon, at the time of the buyback, had approx. 509 million shares in existence. 458 million of those were available to everyday investors to buy and sell. The other 51 million shares were restricted - typically set aside for employees i.e. internal share incentive schemes.
So, Amazon with the $10 billion were able to buyback 3.5 million share, which meant the overall number of shares left for everyday investors was 454.5 million.
This was then good for both employees and shareholders as the demand of the shares stayed the same, but the supply decreased, meaning the share price 🚀
Thanks Jason Leonard
Its really informational regarding the buybacks and market changes.
Thanks Akshara - great to hear!
Thanks Jason Leonard,
For the reply and brief of the video. This now completely make sense how stock market can be manipulated by buyback.
Hey Jason Leonard,
The video 🎥you have attached about Amazon $10B buyback is on tiktok.com, and this website is inaccessible in my country (India 🇮🇳). Can you please help with a brief of the video to better grasp the topic. 📖
Thanks a lot ❣️
Of course (and sorry about that - appreciate Tiktok is becoming more restricted in some regions).
In a nutshell...Amazon, at the time of the buyback, had approx. 509 million shares in existence. 458 million of those were available to everyday investors to buy and sell. The other 51 million shares were restricted - typically set aside for employees i.e. internal share incentive schemes.
So, Amazon with the $10 billion were able to buyback 3.5 million share, which meant the overall number of shares left for everyday investors was 454.5 million.
This was then good for both employees and shareholders as the demand of the shares stayed the same, but the supply decreased, meaning the share price 🚀
Hope that makes sense?!