That's why the Republicans love them
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Communist trash.
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More likely then not as they pick the timing and the amount of the buyback
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Yes. Redistribution of wealth to the already wealthy. This is old news.
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That's why you sell your stocks when you hit your profit goal, then buy new ones. Or simply enjoy the stock appreciation as the dividend rises with it.
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This is news?
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Cue "Blinding flash of the obvious" Anthem.
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And that is bad why?
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Because shareholder money is effectively transferred into executives' brokerage accounts even though the business hasn't fundamentally improved. Here is a quick overview of how executives can plunder the corporate treasury this way:https://www.johnwdefeo.com/articles/tax-cuts-and-stock-buybacks …
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Very Good article. Liked it a lot. I still do not see the problem, the Corp. Is there to make money fornthe shareholders no matter who they are whether executive officers or nit. If asking for along time buy back the shares and give bonuses to execs.
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