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Stock impact report

Trump orders defense companies to stop stock buybacks, dividends [Yahoo! Finance]

Financial Institutions, Inc. (FISI) 
Last financial institutions, inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: snl.com/irw/corporateprofile/1016825
Company Research Source: Yahoo! Finance
dividends to shareholders until they begin accelerating the production of military equipment. In a post on Truth Social, Trump blasted the defense industry for the speed at which companies are producing “Great Military Equipment” and criticized them for not "maintaining it properly or quickly" thereafter. Executive pay packages in the industry, he said, are “exorbitant and unjustifiable given how slowly these companies are delivering vital Equipment to our Military, and our Allies.” In demanding the defense companies pull back on their buybacks and dividends, Trump is laying out yet another example of how his administration is seeking to exert greater control over parts of corporate America. That has also included taking stakes in private businesses, such as the chipmaker Intel. Earlier Wednesday, in a push to curb housing costs, Trump posted that he wants to bar large investors from acquiring more single-family homes. How Trump would implement such restrictions was not clear fr Show less Read more
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