Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurchases over the last decade.

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.

  • sirboozebum@lemmy.worldEnglish
    42·
    11 months ago

    Stock buy backs are a tax efficient way to return money to stockholders.

    The real issue is when companies borrow money to do this.

    • SpacetimeMachine@lemmy.worldEnglish
      72·
      11 months 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.