this post was submitted on 17 Sep 2023
2006 points (98.4% liked)
Memes
45753 readers
1288 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
And buying back the stock has the effect of making the stock price go up. And guess who gets the most stock? The CEO and C suite. They give themselves huge raises by doing this and it's perfectly legal :(