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I believe around 2013 Apple altered its buyback and dividend practices, as large shareholder Carl Icahn seemed at the time to be trying to manipulate the compan
by jjtheblunt 6y ago
I believe around 2013 Apple altered its buyback and dividend practices, as large shareholder Carl Icahn seemed at the time to be trying to manipulate the company and shareholders to his own advantage.
Several articles discussed such around the time. Here are a few.
https://www.latimes.com/business/technology/la-fi-tn-carl-icahn-apple-stake--20140122-story.html https://www.latimes.com/business/technology/la-fi-tn-carl-ic...
https://www.marketwatch.com/story/carl-icahns-2-billion-apple-stake-was-a-prime-example-of-investment-inequality-2016-06-07 https://www.marketwatch.com/story/carl-icahns-2-billion-appl...
https://www.forbes.com/sites/chuckjones/2017/11/10/carl-icahn-sold-apple-too-soon-it-cost-him-3-7b/#366f46d32cea https://www.forbes.com/sites/chuckjones/2017/11/10/carl-icah...