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A comment on Stock buybacks are dangerous for the economy. Parent comment
"As a group, the six [major US] airlines spent 96% of their free cash flow on stock buybacks over the past 10 full years through 2019."
"Boeing’s free cash flow for 10 years totaled $58.37 billion, while the company spent $43.44 billion, or 74% of free cash flow, on stock repurchases."
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"As a group, the six [major US] airlines spent 96% of their free cash flow on stock buybacks over the past 10 full years through 2019."
"Boeing’s free cash flow for 10 years totaled $58.37 billion, while the company spent $43.44 billion, or 74% of free cash flow, on stock repurchases."