Apple Announces Record Buyback: the Company is Running Out of Investing Ideas

📆 09/05/2024 17:26:00
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Last week, Apple revealed its largest buyback program in history. Apple plans to repurchase $110 billion worth of its stock. What does it mean for the company?

Last week, Apple revealed its largest buyback program in history. Apple plans to repurchase $110 billion worth of its stock. This is not the first time Apple buys back its own shares. The previous record was set in 2018 when Apple announced a $100 billion buyback. Share buybacks are a part of Apple’s investment strategy. Specific numbers vary from quarter to quarter, but Apple is increasing the size of regular share repurchases over time.

Last week, Apple revealed its largest buyback program in history. Apple plans to repurchase $110 billion worth of its stock. revealed revealed This is not the first time Apple buys back its own shares. The previous record was set in 2018 when Apple announced a $100 billion buyback. Share buybacks are a part of Apple’s investment strategy. Specific numbers vary from quarter to quarter , but Apple is increasing the size of regular share repurchases over time.

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Fonte: Investingcom - 🏆 450. / 53 Leggi di più »