However, in most cases, the company keeps the repurchased shares as "treasury shares" and still belongs to the issued shares, but does not participate in the calculation and distribution of earnings per share.
Treasury shares can be used for other purposes in the future, such as issuing convertible bonds and employee welfare plans. Or sell them when you need money. Usually, companies have confidence in future performance and think that the current share price is undervalued, so they buy at a low level through repurchase.
Risk disclosure: This information does not constitute any investment advice. Investors should not substitute such information for their independent judgment, or make decisions only based on such information. It does not constitute any trading operation and does not guarantee any income. If you operate by yourself, please pay attention to position control and risk control.