Re:Google announces Q1 2023 earnings [pdf]
by magicalist on Tuesday April 25, 2023 @04:36PM
(#35706411)
> I don't pay so much attention to investment news
Search for "$big_company stock buyback" and you'll find just about any of them there
OK, does it usually mean some leading or lagging indicator that the company isn't doing well?
Re:Google announces Q1 2023 earnings [pdf]
by CydeWeys on Tuesday April 25, 2023 @05:41PM
(#35707111)
Not at all. It's literally just a more tax-efficient dividend. Everyone does it these days. Companies that are failing can't afford it; you can only do these when you have excess cash.
Apple has bought back roughly $75B per year since 2018, at least. https://ycharts.com/companies/AAPL/stock_buyback
Re:Google announces Q1 2023 earnings [pdf]
by bushbaba on Tuesday April 25, 2023 @05:34PM
(#35707042)
Google spends ~20B/quarter on stock based compensation. So It's really just a 50B buy-back if they do such a large buy-back each quarter. Otherwise share-holders would be diluted.
https://www.macrotrends.net/stocks/charts/GOOG/alphabet/stoc...
I don't pay so much attention to investment news, but the last time I heard of huge buybacks was when Intel decided to drastically cut back its research and development. It seemed to not be good for Intel. Or maybe it was good for the ones making those decisions, if they are getting bailed out by billions of government money, I don't know. Maybe I have cause and effect mixed? It could be possible.