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/biz/ - Business & Finance

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53460251 No.53460251 [Reply] [Original]

75 BILLION share buybacks? Why isn’t Chevron investing in solar panels instead? Or better yet in the lgbt and black communities that science shows are disproportionally inpacted by global warming???

>> No.53460264

shareholder profits is a synonym for baal

>> No.53460278
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53460278

Bruhs I think I'm retarded. If I had been BUYING EVERY DIPPERINO on NRGO and Goosh for the past year I would have made a million bucks. Fuck.

>> No.53460296

>>53460251
Why did Joe Biden drain the SPR so his blue butt buddies could try to get re-elected? Chevron is about to make a fucking killing when they have to refill it >$70 like the Dems planned to.

>> No.53460297

>>53460251
I hate share buybacks with a passion
Should be illegal
Waste of cash, usually bought at their own top
Make buybacks illegal, only way to return that capital is through dividend

>> No.53460304

>>53460251
wait til he finds out about tim apple

>> No.53460307

>>53460251
Because mentally ill faggots don’t deserve investments.

>> No.53460310

>>53460297
retard

>> No.53460349

>>53460251
Reminder Big Oil has not only been price gouging tf out of the world the last two years but also gets billions in gibs. Some of the biggest kikes around.

>> No.53460374

>>53460251
i wonder how they're financing these buybacks. the SEC filing doesn't say but they only have $5-6 billion of cash and cash equivalents on hand.

>DUDE LET'S GIVE OURSELVES BIG BONUSES BY PUMPING OUR STOCK WITH BUYBACKS, FINANCED WITH DEBT LMAO

>> No.53460378

>>53460349
wtf im a joepedo now

>> No.53460446

>>53460297
what? it is just a redistribution of capital from the company to investors because the company does not know what to do with the money

and the overall tax effects should be similar to dividends in aggregate

>> No.53460457

>>53460307
I bet you are a Femdom faggot.

>>53460349
True, shut down way too many oil rigs during Corona.

>> No.53460494

>>53460251
*dabs*
get rekt idiot

>> No.53460521
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53460521

>>53460251
>1. They're a private company
>2. They can do what they want that is best for share holders
This isn't rocket surgery.

>> No.53460542

>>53460297
So paying a salary to employees in stocks is impossible if you do that.

>> No.53460546

75B profit, 45,600 workers = they could give 1.7M per worker. this is what filthy capitalists took away from us

>> No.53460555

>>53460251
short jews seething

>> No.53460607

>>53460349
aww pobrecito. now get back to work faggot.

>> No.53460638

>>53460374
Who the fuck is financing buybacks with rates this high

>> No.53460653

>>53460297
https://www.youtube.com/watch?v=4VTBMznLrWs

>> No.53460661

>>53460546
If you own no stocks of the company you are working at you deserve to be poor. In fact you should be the first to be layed off.

>> No.53460673

>>53460661
most ESPP programs are dogshit, i've never once participated in them

>> No.53460684

>>53460251
What's their dividend up to now?

>> No.53461011

>>53460661
you work at enron. would you prefer to own some stock or receive a 1M bonus?

>> No.53461058

>>53461011
Why not both?

>> No.53461158

>>53460251
The buybacks don't even benefit shareholders. They just boost executive compensation.