### Comment:
&gt;80-85% of stocks and indexes are institutionally owned.  
  
 Meaning index funds, mutual funds, ETFs, etc. Ie. Regular people. Try again.

### REPLY:
Use full sentences. I have no idea what you're saying. Index funds/ETFs mutual fund AND individual companies are, on average owned 80% by banks/financial institutions, 8-10% insider owned (employees) and the other 10-12% is owned by individuals. 
  
 $100 worth of buyback is $80 to blackrock/goldman/JPMorgan, and $15-20 to the rest of us.

### END.