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Brad Garlinghouse on Ripple’s Share Buyback, SEC Lawsuit, and Future PlansRipple CEO Brad Garlinghouse has revealed plans to buy back $1.4 billion worth of shares, sparking optimism among the community. Buybacks reflect a firm’s resilience in its long-term prospects as they allow it to regain control of its shares by repurchasing those held by shareholders.The move also fueled speculation of an IPO. While both actions are related to a company’s stock and financial strategy, a company might initiate a buyback to consolidate ownership before going public, thus making the shares more attractive to potential investors during an IPO. In other cases, Ripple might go private (buying back all public shares) before restructuring and eventually relisting in an IPO.

However, Garlinghouse clarified that an initial public offering [IPO] is not on the current agenda. This comes amidst a potential legal resolution with the SEC