07/26/2021
https://www.congress.gov...
"if executives are using stock buybacks to elevate the price of their stock and then quickly cash out their own compensation, that would be a problem from your perspective."
"I just find it curious. We have had people advocating here that a firm like T. Rowe Price just does not know what it is doing."
"the evidence is overwhelming that, in fact, they are using that money for stock buybacks."
"It's why we should foster more shareholder engagement, not less."