James T Monkey's Post

@ChrisMayLA6 I agree it’s a grab, buybacks cause the stock price to go up and therefore distribute more revenue to remaining shareholders, without them having to pay, say, tax on dividends.

But I think for large tech companies there just ain’t much more to grow. That number’s got to keep going up somehow, cos once it stops there’ll be chaos. US tech is a significant chunk of everyone’s pension, even mine in the UK.