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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@lemmy.world to c/technology@lemmy.world

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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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[-] SpacetimeMachine@lemmy.world 5 points 1 year ago

I would say stock buybacks are already a real issue, doesn't matter if they're borrowing the money or not. If companies had to actually invest in their employees instead of their rich shareholders a lot of issues in our society today would be lessened.

[-] Jakeroxs@sh.itjust.works 2 points 1 year ago

This

this post was submitted on 12 Aug 2023

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