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

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

Yes, laws change, who would have known?

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

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

"incareaseing" you alright there?

Yeah idk what happened there