Thread regarding ExxonMobil Corp. layoffs

Exxon tripled its share-buyback program to $30 billion - Market cap ~$360 B as of today

https://finance.yahoo.com/news/exxon-triples-share-buybacks-30-104856234.html Practically offsetting inflation for shareholders.

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Post ID: @OP+1guc7msb

7 replies (most recent on top)

Save some price fits for next downturn.

Even a 5 year old would know such a simple concept.

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Post ID: @3jsb+1guc7msb

Saw two down voting of OP's post. To these two down voters - what's your reasons to down vote OP's cited fact? Are you pathetic anti-fact bottom feeders? Stay down and keep digging. LMAO

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Post ID: @1des+1guc7msb

Stupid. Throw away all profit immediately. Stock price will not be affected.

Need to keep half of that profit as rainy day fund for the next downturn. Shield the company from having to cut investments and layoffs.

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Post ID: @esy+1guc7msb

See, they were right all along. I think our execs should be paid more.

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Post ID: @wee+1guc7msb

See, they were right all along. I think our execs should be paid more.

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Post ID: @wxy+1guc7msb

See, they were right all along. I think our execs should be paid more.

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Post ID: @ovk+1guc7msb

Yeah baby, ka-ching!

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Post ID: @nfa+1guc7msb

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