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dow jones
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<blockquote data-quote="Up In Smoke" data-source="post: 5385567" data-attributes="member: 79702"><p>Business creation was virtually flat during the period of 2011-2019. Looks like 2020 had a large influx of business applications according to census.com. The trouble with 2020 is that businesses also closed at record levels, nearly a million businesses closed that year. Companies that buy back stock see short term benefits for share holders, but risk negatively affecting there book value in the long term. I believe it came down to, pay taxes on the extra profit or buy back stock and hope it doesn't affect long term book price.</p></blockquote><p></p>
[QUOTE="Up In Smoke, post: 5385567, member: 79702"] Business creation was virtually flat during the period of 2011-2019. Looks like 2020 had a large influx of business applications according to census.com. The trouble with 2020 is that businesses also closed at record levels, nearly a million businesses closed that year. Companies that buy back stock see short term benefits for share holders, but risk negatively affecting there book value in the long term. I believe it came down to, pay taxes on the extra profit or buy back stock and hope it doesn't affect long term book price. [/QUOTE]
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