4 Big Tech giants have plowed over $1 trillion into stock buybacks in 10 years — more than Tesla or Meta’s entire market value::Apple poured over $600 billion into buybacks in the decade to March 31, exceeding Alphabet, Microsoft, and Meta’s combined spending.
Isn’t buying back some stock to make the stockholders happy better than the usual playbook of sacrificing product qualify and laying people off in the name of improved margins?
Neither of those are good options.