View Single Post
Old 03-13-2025 | 08:16 PM
  #16  
DeltaboundRedux's Avatar
DeltaboundRedux
Gets Weekends Off
 
Joined: Nov 2020
Posts: 2,877
Likes: 140
From: Enoch Powell Enthusiast
Default

Originally Posted by Uninteresting
pretty disgusting, imo. Buy back stock when you don’t know what else to do with all that cash as it would be too obvious to pay execs more. Hewlett Packard, for example, bought back $47B in stock in 10 years. Current market cap? $19B. Here’s the unvarnished history of why and how https://www.forbes.com/sites/aalsin/2017/02/28/shareholders-should-be-required-to-vote-on-stock-buybacks/
A less polemic take would be to suggest that compaines with too much $$$ on hand have run out of ideas for what to do with it.

Apple comes to mind.

OTOH: Buffett is sitting on a cripe ton of cash.
Reply