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68 sats \ 3 replies \ @0xbitcoiner OP 10 Sep \ parent \ on: Visualizing the Biggest Stock Buybacks of 2025 Stacker_Stocks
I know there are legit reasons for buybacks, but honestly, they’ve always looked like market manipulation to me.
Why it was illegal to do I think up until the 1980s
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1982I had no idea it used to be illegal, but it actually makes a lot of sense. I looked it up and found this article that breaks down the law that changed that.
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Yeah the destruction of capital opinion comes from Saylor. Companies have so much extra cash they don’t know what to do with it so they give it back to shareholders by reducing the share float. Then everyone wonders why wages are stagnant or how these trillion dollar companies still lay off people (looking at you Microsoft and Meta!)
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