Does not
Buying your own stock as a signal
No mechanismLarsson's purchase works because there is a public market, a filing requirement, and an audience that reprices on disclosure. A private company has none of these. The residue that does transfer is the principle underneath my critique of it: a costly, irreversible, inconvenient commitment is credible in proportion to its inconvenience. That applies to how you signal to employees, customers and partners — and it argues against gestures engineered to look good at minimum cost, because sophisticated observers discount exactly those.