Apple Buyback Plan

In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Facebook parent Meta has raised $10 billion (roughly Rs. 79,530 crore) in its first-ever bond offering. The company is planning to fund share buybacks and investments to revamp its business. Meta is among other tech giants like Apple and Intel, who recently issued bonds to raise $5.5 billion (roughly Rs. 43,740 crore) and $6 billion (roughly Rs. 4...

Amazon said its board approved a 20-for-1 split of the e-commerce giant's common stock and authorised a $10-billion (roughly Rs. 76,180 crore) buyback plan, sending the company's shares up seven percent in extended trading.

The plan is also extended to purchase of Apple iPhone 8 and Apple iPhone 8 Plus

iPhone 8, 8 Plus pre-booking will come with Jio offers such as Rs. 10,000 cashback on Citibank cards, 70 percent buyback guarantee, and an exclusive Rs. 799 plan.

In a letter to Apple shareholders on Monday, Icahn wrote he was ditching his non-binding proposal to force Apple to add another $50 billion to its stock buyback plan, "especially when the company is already so close to fulfilling our requested repurchase target."

he would no longer press Apple to boost its share buyback plan after a proxy advisory firm recommended against his proposal.

Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with Apple for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

Icahn's tweet did not reveal much else apart from the fact that he and Cook had made plans for an in-person tete-a-tete next month.

Shares in Apple Inc are set to open down 3 per cent on Wednesday as the company's plan to return $100 billion in capital failed to appease shareholders shaken by the iPhone maker's first quarterly drop in profit in a decade.

Apple's stock closed above $600 for the first time Monday, the same day the company announced plans to reward shareholders with a dividend and a share buyback program. The stock rallied in the final minutes of trading to close at $601.10, an increase of $15.53, or 2.7 percent. On Thursday, the stock reached $600.01 briefly before falling to a closi...

In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.

Meta Platforms emerged as the first mega-cap technology company to tap the US investment-grade bond market as turmoil in the financial sector has toppled five banks since March. The social-media behemoth, which reported earnings last week, is looking to raise $7 billion (nearly Rs. 57,250 crore) in a five-part deal, according to a person familiar ...

Facebook parent Meta has raised $10 billion (roughly Rs. 79,530 crore) in its first-ever bond offering. The company is planning to fund share buybacks and investments to revamp its business. Meta is among other tech giants like Apple and Intel, who recently issued bonds to raise $5.5 billion (roughly Rs. 43,740 crore) and $6 billion (roughly Rs. 4...

Amazon said its board approved a 20-for-1 split of the e-commerce giant's common stock and authorised a $10-billion (roughly Rs. 76,180 crore) buyback plan, sending the company's shares up seven percent in extended trading.

The plan is also extended to purchase of Apple iPhone 8 and Apple iPhone 8 Plus

iPhone 8, 8 Plus pre-booking will come with Jio offers such as Rs. 10,000 cashback on Citibank cards, 70 percent buyback guarantee, and an exclusive Rs. 799 plan.

In a letter to Apple shareholders on Monday, Icahn wrote he was ditching his non-binding proposal to force Apple to add another $50 billion to its stock buyback plan, "especially when the company is already so close to fulfilling our requested repurchase target."

he would no longer press Apple to boost its share buyback plan after a proxy advisory firm recommended against his proposal.

Billionaire investor Carl Icahn said on Wednesday that he has filed a shareholder proposal with Apple for a much smaller stock buyback plan than he has advocated previously, as he continued to pressure Apple to share more of its cash pile.

Icahn's tweet did not reveal much else apart from the fact that he and Cook had made plans for an in-person tete-a-tete next month.

Shares in Apple Inc are set to open down 3 per cent on Wednesday as the company's plan to return $100 billion in capital failed to appease shareholders shaken by the iPhone maker's first quarterly drop in profit in a decade.

Apple's stock closed above $600 for the first time Monday, the same day the company announced plans to reward shareholders with a dividend and a share buyback program. The stock rallied in the final minutes of trading to close at $601.10, an increase of $15.53, or 2.7 percent. On Thursday, the stock reached $600.01 briefly before falling to a closi...