Apple Thoughts: Apple Announces Dividend and Stock Buyback Program This Morning

Be sure to register in our forums and post your comments - we want to hear from you!


Android Thoughts

Loading feed...

Laptop Thoughts

Loading feed...

Digital Home Thoughts

Loading feed...



Monday, March 19, 2012

Apple Announces Dividend and Stock Buyback Program This Morning

Posted by Jeff Campbell in "Apple News" @ 08:50 AM

http://www.macobserver.com/tmo/arti...=rss_everything

"Apple announced it a shareholder dividend and stock buyback program on Monday, and Sterne Agee analyst Shaw Wu thinks the plan is a good idea. Company CEO Tim Cook and CFO Peter Oppenheimer discussed the program during a special conference call with analysts early Monday morning."

Apple has built up a cash surplus of $97 billion dollars from short term investments, so it really had to do something with all that money. Before the fiscal year ends this fall, Apple will start the $2.65 USD per share dividend, as well as a program to buy back roughly $10 billion in shares before the end of the calendar year. Good news for stockholders.


Featured Product
News Tip or Feedback?

Contact us

Other Apple Resources

All iOS News

iPhone Life

Thoughts Media Sites

Windows Phone Thoughts

Digital Home Thoughts

Zune Thoughts

Apple Thoughts

Android Thoughts

Reviews & Articles

Loading feed...

News

Loading feed...

Reviews & Articles

Loading feed...

News

Loading feed...

Reviews & Articles

Loading feed...

News

Loading feed...

Reviews & Articles

Loading feed...

News

Loading feed...

Reviews & Articles

Loading feed...

News

Loading feed...

Sponsored links