> $8T borrowed ... for stock repurchases
Aren't stock repurchases funded by cash on hand, like Apple does?
Aren't stock repurchases funded by cash on hand, like Apple does?
0 - https://www.nasdaq.com/articles/apple-shores-up-%2414b-in-de...
1 - https://www.news.com.au/technology/online/security/double-ir...
2 - https://money.cnn.com/2011/02/16/news/companies/repatriation...
3 - https://marketrealist.com/2018/02/cisco-bringing-67-billion-...
https://fortune.com/2019/08/20/stock-buybacks-debt-financed/
https://www.bloomberg.com/news/articles/2019-01-27/debt-fina...
The connection you could make is that by creating generally easy financial conditions like a strong market and low rates, they enabled the atmosphere which promoted the buybacks. But this is far from a direct connection