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Share buybacks and dividends are profit sharing for shareholders, not workers... A shareholder of a public company has done nothing for the company to generate
by piva00 4y ago
Share buybacks and dividends are profit sharing for shareholders, not workers...
A shareholder of a public company has done nothing for the company to generate value, even more when buying the paper from a previous shareholder and so not contributing to capitalise the enterprise.
Apart from helping to set pricing in the market, what exactly does a shareholder in the open market brings of value-generation to a company? Nothing. And they get dividends while most workers depend on the benesse of a company sharing bonuses and so on.