Thread regarding General Electric Co. layoffs

$3 billion in share buyback???

Should ibuy the stock now? Seems like good fin eng.

by
| 1151 views | | 4 replies (last March 17, 2022) | Reply
Post ID: @OP+1fHvtLvU

4 replies (most recent on top)

When you divide by eight at todays price we still at a realty of an $11-$12 dollar a share. Better places to put your money.

by
| | Reply
Post ID: @6ydz+1fHvtLvU

Well, when a company doesn’t have to pay any corporate tax…buy stock.

by
| | Reply
Post ID: @4wgr+1fHvtLvU

I would have guessed there were at least 10 other better things GE could do with the $3 billion going spare.

by
| | Reply
Post ID: @3odq+1fHvtLvU

Well, you know they can't pay employees better, they'd rather sink the money into the stock to keep it afloat so the exec's can reap their bonuses and pad their golden parachutes.

by
| | Reply
Post ID: @3nzj+1fHvtLvU

Post a reply

: