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Since nobody else wants them, Facebook is buying back its own shares by the billions

Since nobody else wants them, Facebook is buying back its own shares by the billions

Facebook's board of directors approved a plan this week to buy back an extra $9 billion of the company's stock. This is on top of a $15 billion share repurchase program launched last year. This chart pretty much sums up the renewed push to prop up the company's stock price: The social media giant's shares…