GOP Tax Scam

Since the Republican Tax Bill Passed, corporations have announced
MORE THAN $480 BILLION IN CORPORATE STOCK BUYBACKS
Share buybacks and dividend increases overwhelmingly benefit wealthy shareholders and corporate executives. 


Here's an up-to-date list:

Corporation Share Buyback Amount Announced in 2018 (Billions) Date   

Apple

$100

1-May

Cisco

$25

14-Feb

Wells Fargo*

$22.60

23-Jan

UnitedHealth Group *

$17.60

6-Jun

PepsiCo

$15

13-Feb

Broadcom

$12

12-Apr

Oracle

$12

1-Feb

Micron

$10

21-May

AbbVie

$10

15-Feb

Amgen

$10

1-Feb

Facebook

$9

25-Apr

Qualcomm

$8.80

9-May

Alphabet (Google)

$8.60

1-Feb

Adobe

$8

21-May

Booking

$8

27-Feb

Visa

$7.50

1-Feb

Applied Materials

$6

14-Feb

Mondelez International

$6

31-Jan

eBay

$6

1-Feb

Starbucks *

$6

26-Apr

Marathon Petroleum

$5

30-Apr

Celgene

$5

14-Feb

Lowe's

$5

26-Jan

HP, Inc.

$4

20-Jun

McKesson

$4

24-May

NetApp, Inc.

$4

5-Apr

CSX

$3.50

12-Feb

Phillips 66

$3.30

14-Feb

Devon Energy

$3

6-Jun

Celgene

$3

24-May

TJX

$3

28-Feb

Constellation Brands

$3

5-Jan

Waters Corporation

$3

24-Apr

Fifth Third Bancorp*

$2.80

27-Feb

Franklin Resources*

$2.70

12-Apr

Textron*

$2.56

18-Apr

Newell Brands

$2.50

11-Jun

Valero

$2.50

23-Jan

Electronic Arts

$2.40

8-May

Announced Buybacks $2 Billion or Less

$107.50

TOTAL Corporate Buybacks Authorized in 2018

$482 Billion

*Based on closing price on the day share buyback was announced.
 

 

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