the_shitshow_never_ends@lemmy.world to A Boring Dystopia@lemmy.world · 6 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-square25fedilinkarrow-up1412arrow-down10cross-posted to: [email protected][email protected]
arrow-up1412arrow-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 · 6 days agomessage-square25fedilinkcross-posted to: [email protected][email protected]
minus-squarehumanspiral@lemmy.calinkfedilinkarrow-up15arrow-down3·6 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.