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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: blm   😊 😞
Number: of 15062 
Subject: Re: OT: sell into buybacks: not necessarily illegal
Date: 05/03/2023 11:03 PM
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"But during the eight days following a buyback announcement, executives on average sell more than $500,000 worth of stock each day'a fivefold increase. Thus, executives personally capture the benefit of the short-term stock-price pop created by the buyback announcement."

I'm not sure I see the problem? It's public knowledge, and anyone that owns the stock can do the same thing.

Brian
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