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Has Alphabet given up on the moonshot investments? The $50B buyback surprised me; surely they could do something better with the money at their scale.
by analogdreams 5y ago
Has Alphabet given up on the moonshot investments? The $50B buyback surprised me; surely they could do something better with the money at their scale.
- colinmhayes 5y agoThat's authorized, not done this quarter. Just saying that they may or may not buyback $50 billion more than was previously authorized. If they find an investment they think would provide better returns they'll push the buyback. Most companies only authorize every few years.