4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.
We need to go back to having buybacks be illegal. It’s money that SHOULD be spent on innovation, R&D, and more importantly, people.
But you don’t understand. This is about people. Like a dozen different people at least!