Subject: Re: OT: sell into buybacks: not necessarily illegal
"But during the eight days following a buyback announcement, executives on average sell more than $500,000 worth of stock each day'a fivefold increase. Thus, executives personally capture the benefit of the short-term stock-price pop created by the buyback announcement."

I'm not sure I see the problem? It's public knowledge, and anyone that owns the stock can do the same thing.

Brian