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A comment on Meta Reports Fourth Quarter and Full Year 2022 Results. Parent comment

Re:Meta Reports Fourth Quarter and Full Year 2022 Results by BbzzbB on Thursday February 02, 2023 @01:55AM (#34623094)
They barely bought more than last Q (500M more) and 3 times less than Q4-21. Nothing extraordinary with this buyback, they even have a few B authorized remaining.

The only surprise with the buyback streak since last year is how poorly executed it was. They dumped $45B ahead of anouncing a decrease in DAU, then trickled after it tanked the stock.

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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by zenmaster10665 on Thursday February 02, 2023 @02:27AM (#34623328)
It isnt meant to support the stock, it is a compensation pool.
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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by BbzzbB on Thursday February 02, 2023 @11:17AM (#34628705)
Neither, it's way higher then SBC and outstanding shares are decreasing.

It's cash returned to shareholders.

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