this post was submitted on 26 Aug 2026
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Work Reform

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[โ€“] HeyThisIsntTheYMCA@lemmy.world 1 points 2 days ago (1 children)

LIkely the companies they own can just vote to revoke those shares,

it's not legal, no. stock buybacks are voluntary, not forced.

[โ€“] boonhet@sopuli.xyz 2 points 2 days ago

I figured, which is why there would have to be a law saying that spaced billionaires' shares can be revoked (or acquired by the government).