The parent company of #Walgreens spent $69M on stock buybacks in Nov 2023.
As best as I can tell from this chart, #CVS buys back about $3bil every March (https://www.tipranks.com/stocks/cvs/buybacks)
So #CNN, when you write an article about how companies are downsizing, be sure to include #stockBuybacks.
These corporations are enriching their leadership and their stockholders because that is what #Capitalism says they should do. The could choose to be stewards of #healthcare. They don't
https://www.cnn.com/2024/10/16/business/walgreens-cvs-store-closures/index.html
Angela G /
npub1su…9xgep
2024-10-16 18:12:37
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npub1su6k9lue3a4t94ywm84f3lhk28039cla6ag4dcuzpszcwxhp4rvsa9xgepPublished at
2024-10-16 18:12:37Event JSON
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"content": "The parent company of #Walgreens spent $69M on stock buybacks in Nov 2023. \n\nAs best as I can tell from this chart, #CVS buys back about $3bil every March (https://www.tipranks.com/stocks/cvs/buybacks)\n\nSo #CNN, when you write an article about how companies are downsizing, be sure to include #stockBuybacks. \n\nThese corporations are enriching their leadership and their stockholders because that is what #Capitalism says they should do. The could choose to be stewards of #healthcare. They don't\n\nhttps://www.cnn.com/2024/10/16/business/walgreens-cvs-store-closures/index.html",
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