Share your insights or perspective on the financial matter presented in the input.

What are the implications of a corporate stock repurchase or share buyback program?
the implications are that the company's earnings per share may seem greater, (after the company buys them there will be less shares outstanding), giving wall street the impression that there is more growth potential than there really is. its an accounting gimmick that can work for a few quarters while the company evaluates how else to impress wall street