Comment by _DeadFred_

Why do they repurchase the stock? In order to impact the stock's value (also known as manipulating it's value). That is the definition of stock manipulation. No emotions involved, no need for the passive aggressive attack that I'm somehow being emotional.

It's not just a way for a company to use their money. It is a company intentionally using funds for stock manipulation, many times by executives who directly benefit from said manipulation. Companies even take out loans purely to re-purchase stock.