Buybacks are crucial for shareholders. If done correctly, a buyback minimizes overall equity capital, increasing others’ stake in the company. But if the buyback is not done at the right price, it does not become value accretive for the shareholders and benefits only those who exited from the company.
Anthropic pre-IPO credit facility set to climb past $10 billion
Anthropic is broadening its revolving credit facility past the initial target to prepare for its much-anticipated initial public offering. Multiple banks are looking to partake