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Wall Street defends buybacks from Sanders, Schumer attack: 'Good companies buy back their shares'

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Wall Street is countering Senate liberals Schumer and Sanders after they said they'll seek legislation limiting buybacks.

 

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Stocks will go up forever! Everyday! And never come down! Buy buy buy

When they haven’t been diluting shares for years it is a waste of money only serving to boost managements compensation at the expense of regular works salaries & benefits.

Obviously Bernie and Chuck are against “good” companies. They must want a country of only “bad” companies.

In events where company is self capitalized as sole trader void shareholders ; it's abnormally.

Buybacks r a waste of money. Increase the dividend.

As a stock investor I am happy for buybacks but let’s be honest. They do nothing for the workers or economy.

Can you buy this argument?

Or invest capital in resources for expansion. It just depends on the executive managements goals

Maybe someone should ask these companies why they don't buyback their shares when they are low such as in 2009! buyback $spy

No, they manipulate the market

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