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MarkG /
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2023-11-29 16:52:23

MarkG on Nostr: "Company will spend $10B on stock buybacks" The fact that companies nowadays increase ...

"Company will spend $10B on stock buybacks"

The fact that companies nowadays increase their stock price not by investing in better products and marketing (to increase sales), but instead by stock buybacks, shows how shallow the market has become.

https://www.cbc.ca/news/business/gm-earnings-outlook-1.7043345

#capitalism #generalmotors #cars #business
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