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META $META BOUGHT BACK ZERO STOCK LAST QUARTER AND BORROWED $24.9 BILLION INSTEAD A year ago the same quarter had $10.2B of buybacks and no new debt. Long-term debt now sits at $83.7B, up from $58.7B at year end. Property and equipment on the books hit $225.7B, up nearly $50B in six months. The dividend survived at $1.35B. The buyback did not. Every spare dollar, plus $25B of borrowed ones, is going into data centers now.