Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams
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What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?
  • humanspiral@lemmy.ca
    163·
    2 months ago

    Also they may have spent $158B on stock buybacks, but company is worth $96B. They lost a lot of money on those buybacks. Down about 70% over last 3 years.