ST Alpha - "FB/META repurchased some 42 billion of its own stock averg 300 a share...now worth 112 and sinking fast -- (link)" (Reading a Post)

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FB/META repurchased some 42 billion of its own stock averg 300 a share...now worth 112 and sinking fast -- (link)

Posted by zeitgeist Oct 26 '22, 19:29

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https://twitter.com/zerohedge/status/1585374381211062273 (twitter.com)

Responses:

that's an impressive way to burn money. I'd be curious to see how much of that went to insiders. -- nm - mafic Oct 26, 19:39 4
- Here, you can start going through all their insider transactions... -- (link) - znufrii Oct 26, 20:01 3
  - ok not THAT interested. -- nm - mafic Oct 26, 20:22 2
    - Also, see Rule 10b-18 of the Exchange Act of 1934 governing how companies can go about repurchasing their shares. -- (link*) - znufrii Oct 26, 20:31 1
      - Also, if you're *really* interested, the SEC has proposed amending disclosure rules to require share repurchases be reported on a daily basis -- (link) - znufrii Oct 26, 20:40

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