Macron Doubles Down On Pension Plan Before New Strikes

As he strives to quell protests against his pension reform, French President Emmanuel Macron has stated that he is exploring methods to compel companies engaging in share buybacks to allocate a larger portion of their profits to their employees.

“There is a kind of cynicism at work when we have big businesses with such big revenues they can buy back their shares, so I’m going to ask the government to work on an exceptional contribution,” Macron said in a television interview Wednesday. “There is a feeling of injustice that I do hear.”

French President Emmanuel Macron has already taken steps to enhance profit sharing with workers, promising a “worker dividend” during his 2022 election campaign, Yahoo News reported.

"Macron Pledges Buybacks Will See Firms Pay More to Workers"
READ MORE: https://finance.yahoo.com/news/macron-pledges-buybacks-see-firms-151253332.html

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