Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?
Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?
www.commondreams.org Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams
What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?
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They've been burning through multiple billions quarter over quarter during all those buybacks too. Sounds like poor leadership to me.
20 0 ReplyNot for the shareholders. And that's exactly the problem.
10 1 ReplyI'm a shareholder and it's worrying. The share's aren't going up any more and the dividends are laughable. It's the top managers filling their pockets.
11 0 ReplyThese schemes never work forever. But the big investors usually know when to jump ship.
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