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Meta Soars

Motley Fool Money

Facebook Is Killing It Right Now, I Don't Know.

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Facebook is spending $72.5 billion on buybacks over the next two years. The company will spend another $33.6 billion in Q3 and Q4 of 2021, according to Metapot forms. Facebook doesn't generate as much cash as it used to; it's using all of it to fund its capital expenditures. It kind of needs the debt to do this: "I think I feel better about taking on debt"

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