How stocks of companies that buy back their own stocks are (already) leveraged

When the net policy of a central bank and its corresponding government is expansive monetary policy mode, that is increase in the quantity of currency, buybacks are encouraged, due to more money and same amount of stocks of a given company cause an upward pressure on prices denominated in the corresponding currency.
Therefore, and due to other effects of inflation, companies/corporations expect the price of their stock to rise and are encouraged to buy it, or other assets that positively correlate with inflation.
If the management of the company/corporation buys back its own stocks, additional upwards pressure is applied on the stock's price, due to not only an increase in the amount of the currency, but also a decrease in the amount of its stocks.
So all other things being equal, if the amount of currency increases by a factor of c, and the amount of the stock increases by s, then the expected change factor on the stock's price is: c/s and this explains why I claimed what I claimed above.
For example, if during a given period the amount of the currency increases by 2%, and a certain company buys 5% of its stocks during this period, then all other things being equal, the net effect is:
stocks quantity ratio is 0.95, monetary quantity ratio 1.02, translate to a 1.02/0.95 ~ which is a little over 1.07 which is a little over 7% expected increase in the stock's price.

Gold and Silver do not become more scarce when the quantity of money grows but stocks do.

typed at 2018-7-26, posted at 2018-7-27