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submitted 2 years ago by L4s@lemmy.world to c/technology@lemmy.world

Apple has plowed over $500 billion into stock buybacks since 2012 โ€” 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.

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[-] dirkle@lemmy.world 3 points 2 years ago

Is there no scenario in which a company could buy back their stocks? Or are companies that offer stock forever stuck with never getting those back? That would kill a lot of opportunities for companies to start up, expand their business, or take advantage of other opportunities to grow. You can't always get money from a bank loan.

this post was submitted on 12 Aug 2023
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