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Apple does the largest buyback in the equity markets. Their derivative-based ASR is larger than the entire buyback program of many major companies. https://s2.
by totalZero 5y ago
Apple does the largest buyback in the equity markets. Their derivative-based ASR is larger than the entire buyback program of many major companies.
https://s2.q4cdn.com/470004039/files/doc_financials/2021/q2/Q2'21-Return-of-Capital-Timeline.pdf https://s2.q4cdn.com/470004039/files/doc_financials/2021/q2/...
At $77B, that buyback program amounts to a $300m bid for Apple stock every trading day....much to the delight of executives whose compensation is tied to share price performance.
https://www.cnbc.com/2020/09/29/apple-ceo-tim-cook-receives-first-major-stock-grant-since-2011.html https://www.cnbc.com/2020/09/29/apple-ceo-tim-cook-receives-...