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Read more about Stock Buybacks are only good for executives
Stock Buybacks are only good for executives

When very profitable publicly traded corporations accumulate a lot of cash, they often turn to buying their shares back. They claim this "returns capital to the shareholders", but that's actually a lie. Shareholders who don't sell their shares get nothing, even if the company has tens of billions of dollars in profit. And the former shareholders who sold their shares, could have soled them anyway,
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