the_shitshow_never_ends@lemmy.world to A Boring Dystopia@lemmy.world · 4 days agoIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.orgexternal-linkmessage-square27fedilinkarrow-up1454arrow-down10
arrow-up1454arrow-down1external-linkIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.orgthe_shitshow_never_ends@lemmy.world to A Boring Dystopia@lemmy.world · 4 days agomessage-square27fedilink
minus-squarehumanspiral@lemmy.calinkfedilinkarrow-up16arrow-down3·3 days agoAlso they may have spent $158B on stock buybacks, but company is worth $96B. They lost a lot of money on those buybacks. Down about 70% over last 3 years.
Also they may have spent $158B on stock buybacks, but company is worth $96B. They lost a lot of money on those buybacks. Down about 70% over last 3 years.