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Company Management may believe the stock is undervalued, so they take advantage of the opportunity to potentially add value. Management may want to offset dilution

Company Management may believe the stock is undervalued, so they take advantage of the opportunity to potentially add value.

Management may want to offset dilution from issuing stock options by adding value by buying back stock opportunistically and/or by offsetting options dilution.

With the information provided above, do the CEO and CFO of Peloton Interactive buy back stock opportunistically? Explain.

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