rbreich , to Random
@rbreich@masto.ai avatar

Stock buybacks don't just line the pockets of CEOs and shareholders — they're dangerous.

Boeing failed to implement a $7B redesign of its 737 Max while spending that much per year on buybacks.

A dollar spent on buybacks is a dollar less spent to upgrade equipment and safety.

mvrenselaar ,
@mvrenselaar@mastodon.nl avatar

@rbreich and a sign management does not see other options that could benefit shareholders… so basically its a lack of vision.

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