"So while franchisors spend billions to make Wall Street happy, they would be wise to
spend something on the innovation and support necessary to stand out on Main Street."
In the last two years, McDonald's spent more than $16 billion on share repurchases.
Too many stock buybacks? - Franchise Times - March 2019
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1 comment:
To make matters worse, MCD has BORROWED money to pay bigger stock dividends. Myopic.
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