Why do companies do stock buybacks? Yahoo Finance explains

Stock buybacks are when a company buys back its share to reduce the number of outstanding shares on the market, increasing the ownership of the stakeholder. It can impact share price and give off multiple signals about the strength of a company when they are announced.
Yahoo Finance's Julie Hyman joins Wealth! to break down exactly what are stock buybacks and what investors need to know when companies announce these programs.

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