A lot of these corporate execs graduate from business school with an MBA, and they think they know everything about business. In fact, they all get the same brainwashing (which is why so many are woke).
Same problem as the medical schools and law schools.
BBBY spent over $12 billion in the past several years buying back its own stock -- which is now just money down the toilet.
Just like the Southpark cartoon ... poof ... it's gone!
https://finance.yahoo.com/video/bed-bath-beyond-execs-got-194216487.html
Once again the Board and management of a company jumps all in on a scheme that carries no consideration for the stockholders, add that to the genius Woke "Dump Mike Lindell" move.
^ Someone who gets it.
I bet if anyone wanted to check out the exec bonuses and stock options over the past few years, they would see the REAL reason for all those buybacks.