Generally, share extinguishment (especially due to buybacks) may positively impact stock prices as: Fewer shares in circulation can lead to higher Earnings Per Share (EPS). It signals confidence from management…

It depends on the reason for extinguishment: In buybacks, shareholders receive payment for their shares. In capital reduction, shareholders may receive compensation or a proportional reduction in holdings. In forfeiture,…

Not necessarily. A buyback is when a company repurchases its own shares, but extinguishment refers to the complete cancellation of those shares from the company's books. Buyback usually leads to…