Sens. Booker, Casey and Rep. Kennedy Introduce Bicameral Bill Aimed at Corporate Short-termism, Stock Buybacks
September 19, 2019
September 19, 2019
WASHINGTON, Sept. 19 -- Sen. Cory Booker, D-New Jersey, issued the following news release:
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- Under Worker Dividend Act, companies that use profits to buy back stocks must also allocate a portion to raising wages for workers
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U.S. Senators Cory Booker (D-NJ), Bob Casey (D-PA), and Rep. Joe Kennedy III (D-MA), today reintroduced the Worker Dividend Act--legislation targeting the increasing trend of corporations using profits for stock . . .
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- Under Worker Dividend Act, companies that use profits to buy back stocks must also allocate a portion to raising wages for workers
* * *
U.S. Senators Cory Booker (D-NJ), Bob Casey (D-PA), and Rep. Joe Kennedy III (D-MA), today reintroduced the Worker Dividend Act--legislation targeting the increasing trend of corporations using profits for stock . . .