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.

  • @ChunkEnglish
    -4•11 months ago

    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.

    • girlfreddyEnglish
      5•11 months ago

      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