this post was submitted on 12 Aug 2023
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Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth::Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurchases over the last decade.

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[–] girlfreddy 22 points 1 year ago

It used to be before Reagan's gov't recinded the rules so wealth would trickle down to us in the form of piss.