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The debate over stock buybacks
A couple of days ago, legendary investor Warren Buffett published his annual letter. And he showered praise on stock buybacks. On the other hand, just a month ago, President Joe Biden criticized companies that indulged in the practice. He wanted to tax buybacks heavily.
So in today’s episode for 1st March 2023, we explain why stock buybacks are such a contentious issue.
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By Finshots
4.9
3434 ratings
A couple of days ago, legendary investor Warren Buffett published his annual letter. And he showered praise on stock buybacks. On the other hand, just a month ago, President Joe Biden criticized companies that indulged in the practice. He wanted to tax buybacks heavily.
So in today’s episode for 1st March 2023, we explain why stock buybacks are such a contentious issue.
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