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McKinsey Sr. Partner, CEO of India's Largest Employer|Suraj Moraje on Geopolitics, India & Business
The BarberShop with Shantanu
The Importance of Trust in the Stock Market
Annan: A lot of CEOs get it wrong also right undervalued businesses they think that you know buying back stock reducing the float would be a good way to increase the share price and these are all like this. I've seen people who just announced buybacks because oh it's gonna drive my stock up by 10%. It doesn't work because people see through it, he says. Annan: The worst thing you can do is to do a couple of things that break trust like a buyback which is because I think my stock is undervalued now I'm gonna pick you to a buyback yeah Because I want to nudge my price up and then I'm gonna sell.
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