Controlling the market is an ancient and effective strategy, and it is also a strategy that involves "value management." Some have a high control from day one, while others repurchase later to gain high control.

I remember a saying by Duan Yongping on Xueqiu: all stocks only have one true buyer who will ultimately affect the stock price; everyone else's influence on the stock price is just noise. This true buyer is the company itself, and the money used to buy stocks comes from profits.

I don't remember where I saw it, but it was said that when Duan Yongping met Tim Cook, he jokingly said he was glad to see Apple repurchasing; if the repurchase continues, he, Duan Yongping, might become Apple's largest external shareholder.

BNB

892.55

+0.35%