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Robert Reich /
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2024-09-07 23:06:02

Robert Reich on Nostr: The 100 lowest-paying major US corporations spent $522B on stock buybacks from 2019 ...

The 100 lowest-paying major US corporations spent $522B on stock buybacks from 2019 to 2023.

Buybacks artificially boost share prices and inflate CEO pay.

The typical worker at these companies earned just $34k last year.

Meanwhile, the average CEO was paid $14.7M.

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