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"Apple's board of directors authorized the buyback on "strong" results, setting a repurchase authorization at $175 billion, up from $140 billion announced last
by sib 11y ago
"Apple's board of directors authorized the buyback on "strong" results, setting a repurchase authorization at $175 billion, up from $140 billion announced last year. Combined with past returns, the company plans to dish out a total of $250 billion to shareholders by the end of March 2018." It sounds like they are remunerating their shareholders.
- jsmeaton 11y agoI would imagine investors would prefer dividends to having their shares bought back, no?
- wklauss 11y agoThey also give those.
- prewett 11y agoDividends are taxed, stock buybacks are not, so if the company repurchases shares at reasonable prices (often not the case, imho) repurchases are more advantageous. (Stock buybacks are not forced, the company purchased them from people wanting to sell)