How Apple’s record $100 billion-plus stock buyback benefits shareholders

From CNBC: 2024-05-09 06:00:01

Apple recently announced a $110 billion stock buyback, the largest in corporate history. The company has a history of substantial repurchase plans, aiming to reduce outstanding share counts and reward investors with larger stakes. With strong Q2 results and a solid cash position, Apple looks to be in a position for growth.



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