Charlie Munger, Warren Buffett's right-hand man, once said:
"Pay close attention to cannibal companies, the companies that eat themselves by buying back their own shares." ๐ฝ
Apple is the ultimate stock cannibal! ๐ข
In the last decade, Apple bought back its shares worth $687 billion! ๐ฐ
Which reduced its outstanding shares by almost 37%! โก๏ธ (pictured)
โข And not just Apple! ๐
โ๏ธ We have compiled for you the most prominent companies that have carried out the largest buybacks of their shares in recent years - ๐ $AAPL
๐ฑ $GOOGL
๐ก $RTX
๐ $GM
๐ $AVGO
๐ฑ $META
๐ข $XOM
๐ฑ $MSFT
๐ชช $V
๐บ $CMCSA