One of the more controversial decisions a corporation will make is to buy back shares of its own stock.1
So for some folks, it’s triggering to read headlines like these:
“Companies Plan to Pour Even More Cash Into Buybacks, Dividends in 2022” - WSJ, 12/22/2021
“U.S. Share Buybacks Hit Record While Capex Lags Pre-Crisis Level” - Bloomberg, 12/21/2021
“Stock b…