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4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta's entire market value (markets.businessinsider.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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.

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[-] eee@lemm.ee 1 points 1 year ago

as then the company is no longer saddled with their primary responsibility as making money for their stockholders.

Hah! If only that were true.

this post was submitted on 30 Aug 2023

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