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twood
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Lets go #dubs. We need a signature Klay game tonight

Why? Because it’s so fine, sunshine, its the word.

No its the opposite. The company has a pile of money they could use to invest in new endeavors, but instead of doing that they’re saying “we dont have anything worthwhile to do with this money, so well give it back to shareholders.”

Tax efficient way to give money back to shareholders. But also means the company has no better ideas for how to use the money themselves.