Stock Buybacks - Why Do Companies Buy Back Their Own Stock?

Microsoft (NASDAQ: MSFT) announced on 15/09/2021 that it would spend US $60 billion buying its own stock. As of writing, MSFT is trading at US ~$300.00 per share, which means Microsoft will be buying approximately 200 million shares and removing them from public circulation. Indeed, 200 million is only 2% of the total 7.51 billion MSFT shares available. As such, immediately after the announcement on Wednesday, MSFT share price rose a corresponding percentage.
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End Users To Vendors: We Want Subscription-Based Models

As most business models across all industries shifted to include or expand their digital presence, many end users are learning they need something different from their vendors, including axing multi-year contracts and offering subscription-based models. “I can’t tell you how many times I’ve said, ‘I’d like to get that software...
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What HIV Treatment Is Really Like, According to Patients

“AZT break”—it’s the line that stops the popular musical Rent in its tracks. AZT, or azidothymidine, was one of the early options for HIV treatment. This lyric leads to the climax of a love story between two protagonists hiding, and then disclosing, their HIV statuses and their feelings for one another.

Pop culture English literature courses turn fantasy into reality

Professors within the English department at Ohio State have found ways to incorporate conversations about Jon Snow and Dracula into their curriculums. Students have the option to take popular culture-filled courses to spice up and fulfill general education requirements. Instead of sticking to Shakespeare, Chaucer or Bradstreet, students can opt for classes that cover folklore, magical creatures, TV shows and other pop culture phenomena.
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Global Covid-19 caseload tops 230.5 mn

Washington, Sep 24 (SocialNews.XYZ) The global coronavirus caseload has topped 230.5 million, while the deaths have surged to more than 4.72 million and vaccinations soared to over 6.02 billion, according to the Johns Hopkins University.
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Telangana legislature session likely to be stormy

Hyderabad, Sep 23 (SocialNews.XYZ) The stage is set for a stormy Telangana legislature session beginning on Friday. The Assembly and Legislative Council will meet with strict adherence to Covid-19 safety guidelines, it was decided at a meeting of presiding officers of both the houses with senior officials.
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Maha: 15-yr-old girl gang-raped for 8 months in Thane, 29 booked

Thane, Sep 23 (SocialNews.XYZ) In a shocking revealation, the Dombivali Police said on Thursday that they have booked at least 29 persons, including juveniles, for the repeated gang-rape of a 15-year-old girl in Thane for several months.
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‘Afghanistan wants friendly ties with international community’

Kabul, Sep 24 (SocialNews.XYZ) Amir Khan Muttaqi, the acting Foreign Minister of the newly-formed Taliban government in Afghanistan, said that the country wants to have friendly relations with the international community, including the neighbouring and regional nations.
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Census of Backward Classes difficult, cumbersome, Centre to SC

New Delhi, Sep 23 (SocialNews.XYZ) The Centre has informed the Supreme Court that population census is not the ideal instrument for collection of details on caste, and that the Maharashtra government's plea seeking census data on other Backward Classes (OBCs) in the state should not be entertained, as "the caste Census of Backward Classes is administratively difficult and cumbersome".
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First in 40 years, world leaders to meet on curbing emissions

New York, Sep 24 (SocialNews.XYZ) First in 40 years, the High-level Dialogue on Energy, convened by UN Secretary-General Antonio Guterres at the summit level, on Friday will be an action-packed day. With over 100 member states to speak virtually, over 45 of whom will be represented at the level of heads of state and government.
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Modi, Suga agree to promote defence, security cooperation

New York, Sep 24 (SocialNews.XYZ) Prime Ministers Narendra Modi and Yoshihide Suga have agreed to promote defence and security cooperation between India and Japan when they met in Washington on the eve of the Quad Summit that brings together the four major democracies of the Indo-Pacific region.
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Modi meets Harris ahead of first-ever leader level Quad summit

New York, Sep 24 (SocialNews.XYZ) Black on white, white on black. At 3:19 p.m. Thursday, when America's first ever Indian American Vice President Kamala Harris welcomed India's Prime Minister Narendra Modi at 1600 Pennsylvania Ave for the first time after taking power in the 2020 elections, it was a striking visual for a historic moment, blending austere monochrome with the all-white backdrop of the White House pillars.