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CANADALAND #914 Stock Buybacks: How Grocers Eat Themselves

COMMONS

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The History and Controversy of Stock Buybacks

This chapter discusses the history of stock buybacks in the US, starting from their illegal status until 1982 and how new rules introduced under the Reagan administration allowed executives to conduct buybacks under certain conditions. It delves into the impact of buybacks on economic growth, the bipartisan concern over the practice, and the potential negative consequences for employees and customers.

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