The “turnaround plan” recently announced by McDonald’s includes an aggressive program to manipulatively boost its stock price via stock buybacks, an activity that has become the major focus of its corporate strategy over the past decade. A central plank of the plan is to “return $8 [billion] to $9 billion to shareholders in 2015 and to reach the top end of its three-year target of returning $18 billion to $20 billion to them by the end of 2016.” In 2014, McDonald’s expended $3.2 billion each on buybacks and dividends, equivalent to 134% of its net income, and its executives can do up to $8.1 billion in buybacks in 2015 under its current board-authorized repurchase program.