HP Inc. CEO defends stock buyback program, says it will continue because shares are undervalued - CNBC

"We continue to believe the value of our shares is undervalued, and, therefore, that buying HP shares is a good investment for investors," CEO Enrique Lores said.

HP Inc. CEO Enrique Lores told CNBC's Jim Cramer on Monday that the company is keeping its stock buyback program in place, contending it remains a good use of corporate cash even with shares up 18% o… [+1496 chars]

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