$Alphabet-A (GOOGL.US)$ Google initiated share buyback liao?...
$Alphabet-A (GOOGL.US)$ Google initiated share buyback liao? 🫣
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RAFA123 : Hi, newbie here. Are we gonna get notified when this happens? Or is it automatic![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Jmzzz : They will just slowly buy back, we won’t be able to tell at all. The number of shares in circulation will drop as they buy back.
TTTT OP Jmzzz : Ah, I see. Thanks!
junclj1223 : Lol, share buyback will happen anytime. Of course possible is everyday, every week and every month. You won’t know when Google buyback their own shares through the open market.
TeamSayu : how do u know they initiated share buyback?
Jmzzz TeamSayu : We don't
Sianzsation : Quarter ER will show
TeamSayu : i feel the current price probably not low enough for them to buy back.. it probably gonna go lower then 2k. if go lower than 2k.. i oso will buy. hahahah![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
RAFA123 Jmzzz : Are you planning to hold it, or sell it later?
Jmzzz RAFA123 : Hold, I have prior positions. I am DCA-ing down. Intrinsic value ard $3k. U see news, all the banks are saying $3k target as well! Is all the fear because of the general market condition, google is fine. Is undervalued
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