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Apple has plowed over $500 billion into stock buybacks since 2012 โ more than Visa, JPMorgan, or Exxon are worth
(markets.businessinsider.com)
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this post was submitted on 12 Aug 2023
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Don't bother. They've most likely only ever heard about stock buybacks on social media with little context otherwise. They have no idea the pros of buybacks, only a politically-charged subset of cons.
Prior to Reagan allowing changes, buying back stock wasn't allowed because it was seen as a manipulation of the stock market.
"Those who do not remember the past are doomed to repeat it." George Santayana