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Answers from Airbnb, Questions for Upstart
Motley Fool Money
Airbnb Spending $1.5 Billion to Retire Shares
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Airbnb spent $1.5 billion in 2022 to buy back shares, but they're not retiring anything, Dylan says. All they're doing is taking shares that were issued to employees and then using money that they have to buy back those shares to offset some of the dilution,. It's just a real waste of capital," he adds. "I would much prefer to see that $ 1.5 billion put to work for me as a shareholder"
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