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GameStop Corp. Message Board

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  • agoodkoz agoodkoz Jan 28, 2010 6:41 PM Flag

    Irony is that GME falling benefits shareholders

    Hayden: This is my last post, since unlike you I have a life to attend to. I am not talking about 2 different companies just one GME. You are right that GME will be the same valued company before and after the buyback. (Unlike a dividend issue which would lessen the company value). Then you go loco, dude. A company's market value is based on the number of shares it has outstanding basically. When it has LESS shares after the buyback, to keep the same VALUE as before the buyback, the share price has to increase. Thick Kiwi skull...

26.98+0.31(+1.16%)Feb 12 4:01 PMEST