the_shitshow_never_ends@lemmy.world to A Boring Dystopia@lemmy.world · 8 hours agoIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.orgexternal-linkmessage-square20fedilinkarrow-up1308arrow-down10cross-posted to: technology@hexbear.nethackernews@lemmy.smeargle.fansantitrust@lemmy.world
arrow-up1308arrow-down1external-linkIntel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy?www.commondreams.orgthe_shitshow_never_ends@lemmy.world to A Boring Dystopia@lemmy.world · 8 hours agomessage-square20fedilinkcross-posted to: technology@hexbear.nethackernews@lemmy.smeargle.fansantitrust@lemmy.world
minus-squarehumanspiral@lemmy.calinkfedilinkarrow-up13arrow-down3·7 hours agoAlso 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.
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.