So if the company did a buy back to lower the OS,

So if the company did a buy back to lower the OS, would that basically just be cash given to those for stocks they were paid for services with? So say we gave 15 million shares for a private jet...would we just pay the $300,000 for the 15 million shares? That seems like something that could get a lot of people out and a lot of OS taken out of play.