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.

    • SpacetimeMachine@lemmy.worldEnglish
      52·
      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.