Corporate Greed raked in $936 Billion off of American's reeling from inflation:
https://verityplatform.com/resources/stock-buybacks-2021-trend-report/
Buyback volume for U.S. companies in Q4’21 was $289.8B, a 10.3% sequential increase and a 110.5% year-over-year jump. Buyback volume contracted significantly in 2020 as many companies conserved cash during the pandemic. Volume recovered to pre-pandemic levels in Q2’21, set an all-time high in Q3’21 and continued to surge higher in Q4’21. For the year, buyback volume totaled $936B, a new record.
Corporate Greed raked in $936 Billion off of American's reeling from inflation
byu/Soothsayerman ineconomy
by Soothsayerman
1 comment
Think they’ll ever ban buybacks?