Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth::Only eight companies in the S&P 500 have larger market values than Apple’s outlay on share repurchases over the last decade.

  • laylawashere44
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    1 year ago

    There is also the oft cited chart about US wage stagnation seemingly starting around the time a Reagan era policy incetivied companies to return more money to shareholders. The implied causation being that stock buybacks and other such rules are in part of or wholly responsible for the widespread wage stagnation. Of course correlation does not prove causation, though it certainly suggests it.