# Stock Splits and Share Buybacks: What Every Investor Should Know

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Text version: https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211/stock-splits-and-share-buybacks-what-every-investor-should-know.md
Podcast: [Money Lessons with Andrew Temte, PhD, CFA](https://stenobird.com/podcast/money-lessons-with-andrew-temte-phd-cfa-6946211)
Published: 2026-04-04T10:00:00+00:00
Episode link: https://saturdaymorningmuse.podbean.com/e/stock-splits-and-share-buybacks-what-every-investor-should-know/
Audio file: https://mcdn.podbean.com/mf/web/t355wbavxq6ehvei/ML_44267q5u6.mp3
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JSON: https://stenobird.com/v1/public/podcasts/money-lessons-with-andrew-temte-phd-cfa-6946211/episodes/stock-splits-and-share-buybacks-what-every-investor-should-know
Duration seconds: 712

## Resource

In this episode of Money Lessons, Andy breaks down the three most common ways companies change their share structure. He explains how stock splits work — including Apple's five splits and Warren Buffett's famous refusal to split Berkshire Hathaway—and why reverse stock splits often signal trouble. He then explores share buybacks, how they boost earnings per share, and why investors need to look past the headline numbers to see whether real value is being created. The episode also covers dilution and why issuing new shares comes at a cost to existing shareholders. AndrewTemte.com

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