All items tagged with "apple stock buyback"

Apple Board Asks Shareholders To Vote Against Icahn Buyback


He’s appeared on the cover of Time magazine, and been called a “Johnny Come Lately” by Apple shareholders — and now Carl Icahn has also received a response from Apple regarding his proposed $50 billion buyback plan.

In short, Apple claims it is already returning a lot of money to its shareholders, and will continue to look at ways to do so — but doesn’t feel that it should be bound by Icahn’s suggested strategy.

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