stock buybacks were effectively banned or considered illegal market manipulation in the U.S. for much of the 20th century until the SEC adoptedRule 10b-18 in 1982,
Stock buybacks, where a company repurchases its own shares to boost stock price and earnings per share, generally have a negative effect on lower-tier, wage-based workers. By prioritizing capital returns to shareholders over reinvestment, buybacks contribute to wage stagnation, reduced employment security, and increased income inequality
>>523965299Okay, glad they fixed it then.
>>523965468
