EP #152 | 4 Stocks we are buying right now | & is it really Never Sell Shell?
Dividend Talk
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The Impact of Share Buybacks on the Balance Sheet
The company has a negative equity that has doubled in the last 12 months. Most of it is owned by the banks at the moment because they just kept on repurchasing shares, which negatively impact their equity. They will generate a lot of cash but as we said, it is quite a difficult period and I don't see that changing.
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