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Even though Meta doesn't issue dividends, they did do massive share buybacks last year. That effectively returns cash on hand to investors, much as dividends do
by fiprofessor 4y ago
Even though Meta doesn't issue dividends, they did do massive share buybacks last year. That effectively returns cash on hand to investors, much as dividends do. (Of course, Meta's buybacks are also to offset stock based compensation, but on net, it still represents a return of cash to investors.)
- Cupertino95014 4y agoYou're right. That seems to have been a bad call, with hindsight: https://markets.businessinsider.com/news/stocks/meta-facebook-zuckerberg-stock-buybacks-share-repurchases-social-media-tech-2022-10 https://markets.businessinsider.com/news/stocks/meta-faceboo...