• 0 Posts
  • 64 Comments
Joined 1 year ago
cake
Cake day: August 9th, 2023

help-circle














  • Snipe_AT@lemmy.atay.devtoMemes@lemmy.mlYou did it Mary!
    link
    fedilink
    arrow-up
    12
    arrow-down
    2
    ·
    1 year ago

    If I’m being honest, I don’t understand this angle. Why are stock buybacks immoral or wrong? Isn’t it simply using extra cash in a company to buy back stock from shareholders? With the same demand and reduced total stock, of course the price is going to go up. But the total market capitalization remains the same. I don’t understand why this is somehow wrong. Can someone help me out?