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 (markets.businessinsider.com)
submitted 1 year ago by L4s to c/technology
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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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[–] xenomor 27 points 1 year ago (16 children)

This should be illegal.

[–] Dnn 14 points 1 year ago (10 children)

What should? Stock buybacks? Why?

[–] EmperorGormet 4 points 1 year ago

Because people don’t understand how things actually work.

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