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One day after Jack Ma-backed Ant Group Co. was hit with a billion-dollar fine by the People’s Bank of China, the fintech giant announced a surprise share buyback on Saturday that values it at around $78.54 billion. That is 75% below its value of $315 billion, touted ahead of a scrapped initial public offering in […]
Posts Tagged ‘buyback’
New 1% stock buyback tax better than nothing, but won’t fix systemically-broken capitalism
March 4th, 2023 
Awake Goy Image Credit: coin5s.com Compared to unjust income taxation, scams and fraud, deregulation, subsidies, price gouging, hedge funds, and government bailouts, even massive buybacks are small potatoes If Democrats critical of buybacks thought the new 1 percent excise tax on stock buybacks would deter this loophole, they were either wildly optimistic or had their hands tied. […]
Posted in Jewish News 
Tags: better, broken, buyback, Capitalism, nothing, stock, systemically 
No Comments »Biden Pushes Billionaire Tax, Quadrupling Stock Buyback Levy in State of the Union Address
February 8th, 2023 Awake Goy In his second State of the Union address on Feb. 7, President Joe Biden urged billionaires and corporations to “pay their fair share,” repeating the administration’s concept of “reward work, not just wealth.” The president proposed instituting a minimum tax on billionaires and quadrupling the stock buyback tax. “Let’s finish the job. Reward […]
Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales
February 2nd, 2023 Awake Goy Meta Platforms Inc.’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook, which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving its […]
Chicago Police’s ‘Missing’ Buyback Gun Points to Inside Job
August 5th, 2017 Awake Goy Download your free copy now. Source Article from http://filmingcops.com/chicago-polices-missing-buyback-gun-points-inside-job/ Views: 0
