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This article says stock buybacks are a swindle because the CEO can sell shares after announcing the buyback and benefit from any rise in share price associated with the buybacks.

The article fails to distinguish between news of buybacks and any of a trillion other things the CEO might announce as news, which might pop the stock price in a way that the CEO can sell shares afterwards. If the article had been entitled "The CEO buying back after announcing good news swindle" it would have made more sense, but one then might have expected the article to make a case that current insider trading laws and practices such as blackout periods systematically do not work.

The article is junk, IMHO.
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