Wrong. They settled to avoid paying more in legal costs and to put the issue to bed -- keeps it from hanging over them indefinitely.

The allegations were not proven in court.

The settlement does not include any admission from Fox News of any wrongdoing.

Also, the amount Fox is actually out of pocket will be much, much less than the settlement amount.

Realistically, the settlement won't affect their bottomline at all.  Shareholders are still making money, future stock buy-backs are proceeding as planned, and so on.
https://apnews.com/article/fox-dominion-lawsuit-settlement-election-6a729ece4b4f351a6334be13b49d4869

It's funny how your reply is in the election fraud thread that xhe was told to read in full.

The only reason companies buy back stock is because there are no future opportunities available that would generate a return higher than the cost of capital. It's a return to investors. They were forced to admit they lied. They were not required to broadcast that fact on their network.

You

are

delusional.


I would say ignorant, but you actually think you know what you're talking about.

Shares of stock purchased by investors are categorized as DEBT.  The more shares on the market, the more the price per share is diluted (value per share is less).

Buybacks are normally a sign the company is flush with cash -- and in Fox's case, they have about $4 Billion in reserves.

The buyback will divest them of cash on hand (which they pay taxes on) as well as have a positive effect on the market price per share -- sometimes a huge effect.  This helps the investors who decide to retain their shares. 

The less debt a publicly traded company carries, the more growth potential they have.  They can invest their cash to acquire other companies, buy or lease new office space and studios, etc.  They are also in a better position to leverage new debt if an opportunity arises (like buying CNN after their stock price bottoms out).

Buy backs almost always signal the company is doing better than they projected.

The main reason companies buy back their own stock is to create value for their
shareholders. In this case, value means a rising share price.

Here’s how it works: Whenever there’s demand for a company’s shares, the price
of the stock rises. When a company buys its own shares, it’s helping to increase
the price for its stock by boosting demand, thereby creating value for all shareholders.

One of corporate America’s highest goals is to maximize shareholder value. According
to this principle, a company should always aim to generate the highest possible returns
for its investors. Increasing the value of its stock and returning cash to holders—in the
form of dividends and share buybacks—is how companies maximize value for shareholders.

https://www.forbes.com/advisor/investing/stock-buyback/

Get a life.   

"Certified" 

"Certified" 

Y'all do realize these liberal trolls that continue to trash 2Ahwaii are ultimately masochists that love being beaten?

Then go back to their wimpy fellow travelers on facef*ck to  explain how those mean old conservatives would not agree with them.

Years ago, King Keoni, Surf, Inspector and others made this a fun place to discuss firearms and our right to possess them.

Seems there is absolutely no sire owner interest is retaining the original character/intent of the forum.

Y'all do realize these liberal trolls that continue to trash 2Ahwaii are ultimately masochists that love being beaten?

Then go back to their wimpy fellow travelers on facef*ck to  explain how those mean old conservatives would not agree with them.

Years ago, King Keoni, Surf, Inspector and others made this a fun place to discuss firearms and our right to possess them.

Seems there is absolutely no sire owner interest is retaining the original character/intent of the forum.

There's a lot of troll farms out there. Most likely Xi gets paid to be obnoxious in an attempt to incite violent talk so they can round us up when it's convenient.

So far so good avoiding those traps my dudes. Keep up the good work.

https://www.dailyveracity.com/2022/08/15/exclusive-massive-democrat-bot-farms-revealed-influencing-elections-war-and-racial-tension-51343790000-social-media-impressions-sinse-2019-theyre-gearing-up-for-novembe/

BlackRock has no ownership stake in Dominion Voting Systems
https://apnews.com/article/fact-check-blackrock-dominion-fox-046024958724

The only reason companies buy back stock is because there are no future opportunities available that would generate a return higher than the cost of capital. It's a return to investors. They were forced to admit they lied. They were not required to broadcast that fact on their network.

 That is false. There are other reasons a company would buy back it's stock, such as going private.

BlackRock has no ownership stake in Dominion Voting Systems
https://apnews.com/article/fact-check-blackrock-dominion-fox-046024958724

You're correct. It's Dominion energy which is still a different company.

On the other hand Black Rock just heavily invested in Fox and is directly involved in many of the horrible things that the mainstream media will no longer cover now that Tucker is out.

That is false. There are other reasons a company would buy back it's stock, such as going private.

That's much less common than a private company going public. 

But, you got it right -- their statement is false.

Xhe should look into the history of massive companies that have done stock buybacks and splits.





Obviously, none of those companies have any growth opportunities for investors to benefit from.