...buy the stock options they grant out to Leven and other executives back. The company is too big for a buyback to make a dent. At $30B market cap, you'd have to spend $1B for a measley 3.33% reduction.
Stock needs to be $20-$25 a share to be worthwhile. Patience.
The first $1B would be very substantive AND just the start. Buybacks are tax efficient and indicated here.
LVS has gotten too big for a buyback to make any sense. It's better to pay down the debt. We aren't talking about Cisco that is mature and can't grow anymore.
That is true mutual, if anything its symbolic. Granted its a growing casino company but the capex is getting rediculous. That would have much more of an impact.