Ka-ching!!! $265B market cap, just under 4% buyback.
Total Treasury account withdrawals for Medicare and Medicaid last FY totaled over $1 Trillion.
Johnson & Johnson plans $10 billion share repurchase program http://t.co/k5uXqsJ8NJ pic.twitter.com/f4VYCEhplN
— Bloomberg Markets (@markets) October 13, 2015
2 comments:
So, with taxpayer money they are buying up shares so that top executives make a killing. Nice scheme.
Share buybacks and layoffs. Wonderful business model for the oligarchs.
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