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Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?
(www.commondreams.org)
this post was submitted on 26 Oct 2024
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They've been burning through multiple billions quarter over quarter during all those buybacks too. Sounds like poor leadership to me.
Not for the shareholders. And that's exactly the problem.
I'm a shareholder and it's worrying. The share's aren't going up any more and the dividends are laughable. It's the top managers filling their pockets.
These schemes never work forever. But the big investors usually know when to jump ship.