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From 2015 - 2017, the retail industry spent 79.2% of its net profits on stock buybacks, and the food manufacturing industry spent 58.2%.
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empirical
sources
Curbing Stock Buybacks: A Crucial Step to Raising Worker Pay and Reducing Inequality
authors
Katy Milani
Irene Tung
reports
Codetermination
tags
Stock Buybacks
Investment
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