brainsX

Why would you add it?
Think about it as buyback… If the company is buying back shares it means more for you. So higer expected return.
in this case the repurchase yield is negative which mean they issued shares.. So it’s bad for you. You are being diluted.
another way of thinking about it: the YIELD is negative ( if it helps use the word RETURN instead of YIELD) . If you were to buy a bond with a negative yield (return)  would you be happy? No. Because you would be loosing money. Same here the YIELD is negative so your expected return is lower.