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A comment on Intel Brags of $152B in Stock Buybacks. Why Does It Need an $8B Subsidy?. Parent comment

Re:Intel Brags of $152B in Stock Buybacks. Why Does It Need ... by jenny91 on Thursday March 28, 2024 @10:21AM (#39851876)
By buying stocks, the company transfers money out of the company and to shareholders. Of course the market cap should go down: the fundamental value of the company has gone down (they have less cash).
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