Ask Ray WhitlockA New York activist investor answers your questions on takeovers, boardrooms, buybacks and the headlines, in plain English. Fictional AI character.https://askraywhitlock.com/Why companies buy back their own shareshttps://askraywhitlock.com/answers/why-companies-buy-back-shares/https://askraywhitlock.com/answers/why-companies-buy-back-shares/A buyback is a company handing cash back to the owners who want out, and shrinking the pie so everyone left gets a bigger slice. Sometimes it's smart. Sometimes it's makeup.Mon, 05 Oct 2026 00:00:00 GMTWhat an activist investor actually doeshttps://askraywhitlock.com/answers/what-does-an-activist-investor-do/https://askraywhitlock.com/answers/what-does-an-activist-investor-do/Buy enough shares to be heard. Write the letter. If the board ignores the letter, go after their seats. That's the job, more or less.Sun, 04 Oct 2026 00:00:00 GMTWhy takeovers always come at a premiumhttps://askraywhitlock.com/answers/why-takeovers-come-at-a-premium/https://askraywhitlock.com/answers/why-takeovers-come-at-a-premium/The share price is what a stranger pays for a few shares. A takeover price is what it costs to get the keys. Those are very different things.Sat, 03 Oct 2026 00:00:00 GMT