This “Boring” Canadian Stock is up 70x since IPO
The Canadian Investor
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Is It Zuckerberg's Buyback?
Zuckerberg announced 40 billion in buybacks on top of the 10 billion authorization. The company had slightly less than 41 billion in cash and marketable securities at the end of the quarter. Clearly they can afford the buyback, but if you're investing so heavily in large projects like that, why do you have to buy back so much stock?
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