Yes, the people who own the company will, i.e. shareholders. The majority are not some cartoonish greedy fatcats either; they're ordinary people like you and I who have retirement investments in stocks and mutual funds.

Moreover, if you think employees at FAANGs and big tech companies aren't on-board with this laser focus on share price, remember that a big, big chunk of their compensation is in equity, whether options, stock grants, employee stock purchase programs, etc. During the boom times, plenty of people in the software industry kept a live stock ticker feed on their desktops to keep track of how filthy rich they were getting and it was a frequent topic of casual conversation.