All items tagged with "stock buyback"

Apple is raising $17 billion in debt for expanded buyback program

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Wall Street is lining up to stuff its pockets with cash from Apple’s money printing empire, but rather than dipping into its massive offshore cash pile to pay for its expanded buyback program, Apple is once again planning to raise an enormous amount of debt to pay off  investors.

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Carl Icahn Is A ‘Johnny Come Lately,’ Says Apple Investor

Credit: Tactus.com

Credit: Tactus.com

Would Carl Icahn’s memoirs be titled How To Lose Friends And Influence People?

Activist investor Icahn has been proving divisive in recent months by spearheading a campaign to get Apple to carry out a $150 billion stock buyback (which he later dropped to “just” $50 billion).

Well, it’s difficult to be as outspoken as Icahn without certain other investors speaking out about you — and that’s exactly what Anne Simpson, head of corporate governance at the California Public Employees’ Retirement System, has done.

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Apple Is “Likely” To Buy Stock Back Or Issue More Dividends In Coming Months [Report]

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With Apple stock seemingly in free fall, a new report suggests that Apple is going to announce a plan to return additional value to shareholders as soon as this spring, either by increasing the existing dividend or by buying back stock from investors.

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Warren Buffett: Steve Jobs Asked My Advice On Apple’s Cash But Didn’t Take It

Warren Buffett: Steve Jobs Asked My Advice On Apple’s Cash But Didn’t Take It

There have been a lot of ideas suggested for what Apple could do with its nearly $100 billion in cash. Some have been serious suggestions like companies that Apple could buy while others are a little more absurd but illustrate just how much money Apple’s got.

Today, Warren Buffett revealed to viewers of CNBC’s Squawk Box that Steve Jobs wasn’t sure what to do with all the money Apple began raking in over recent years and asked for advice. He ultimately ignored that advice in his typical fashion while telling others that Buffett agreed with his decision for Apple to just sit on its money.

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