Stock buyback? In your dreams.
6 replies (most recent on top)
OP is correct....no doubt about it. Stock buyback resuming in 3,....2,......1 decades, maybe
Look, Exxon will no longer have growing profits like it did for decades and decades. It peaked financially, will be on a long plateau, and the only question is whether it will bite the dust eventually, or overhaul itself and come back to life. But you don't buy back stock for a plateau company....you do what you can to preserve and grow the dividend. Think AT&T or classic utility stocks.
I really don't think the advisors would go for that.
Borrowing more money to buy our own shares?
Sounds unethical. Maybe Deutsche Bank.
give it a try.
Only grandma's and grandpa's would buy XOM stock. Right DW?
I am really looking past e it to.
What, don't tell me you thought this would have some positive effect on employees?