Does ExxonMobil’s Massive $50 Billion Stock Buyback Make It a Buy?
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Since the start of 2020, ExxonMobil’s (NYSE: XOM) stock has soared 50%, compared to a 22% gain by the S&P 500, and is up 72% year to date. Yet the oil giant just announced a new corporate plan to launch a massive $50 billion stock buyback program even as analysts worry a loom
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