Comment on Gaming chat platform Discord in early talks with banks about public listing
ToadOfHypnosis@lemm.ee 1 month agoWell, ever since stock buybacks were re-legalized and other safe guards that once incentivized the health of the company, not only quarterly share holder value. Publicly traded company wasn’t always synonymous with strip mining value. Reagan was an accelerant on that decay for sure.
iopq@lemmy.world 1 month ago
Stock buybacks are just more tax-efficient dividends. Both return value to the shareholders, but buybacks only realize the gains for the shareholders that want to sell some stock.
If they were illegal companies would issue more dividends