Subject
Companies > stock buybacks
Quote from Video
Companies are still going to generate free cash flow and there's not a lot that they can do with it if they don't have that clear demand signal because their investors don't want to see them build plants willy-nilly. If there are other incentives like demand contracts or expected contracts, they'll spend it otherwise they have to buy back stock.

“Companies are still going to generate free cash flow and there's not a lot that they can do with it if they don't have that clear demand signal because their investors don't want to see them build plants willy-nilly. If there are other incentives like demand contracts or expected contracts, they'll spend it otherwise they have to buy back stock.”