A comprehensive guide to SBC and its impact on companies, employees and investors
In the AAPL chart, the SBC cost is much less than the stock buyback Apple completed that quarter. While SBC are commonly FUTURE shares so it's less of, well, an apples to apples comparison, does a buyback rate exceeding the SBC issuance rate tend to nullify dilution risks? Or is a buyback not a sufficiently precise opposite to issuance to make that comparison?
Does there exist a better opposite to issuance than a buyback?
A well articulated article explaining the SBC concept. In general, SBC is a good compensation tool for retaining talents but as you pointed out, investors should treat it with caution.