Stock buybacks should just be illegal

Companies get tax cuts then spend it buying their own shares instead of incareaseing salaries or hiring more. Should be viewed as a type of fraud.

Comments

Banning buybacks would just push the money into dividends instead. Wouldn't help with salaries/hiring.

Or how about you just invest in companies that do buybacks because it will increase the value of your shares?

They actually used to be illegal. Make america great again am i right?

Yes, laws change, who would have known?

"incareaseing" you alright there?

Yeah idk what happened there