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www.commondreams.org Intel Brags of $152 Billion in Stock Buybacks Over Last 35 Years. So Why Does It Need an $8 Billion Subsidy? | Common Dreams
What’s to stop the chip-making giant from shoveling taxpayer grants into more stock buybacks?
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They've been burning through multiple billions quarter over quarter during all those buybacks too. Sounds like poor leadership to me.
Not for the shareholders. And that's exactly the problem.
I'm a shareholder and it's worrying. The share's aren't going up any more and the dividends are laughable. It's the top managers filling their pockets.
These schemes never work forever. But the big investors usually know when to jump ship.
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