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Apple To Launch Largest Stock Repurchasing Plan In History

Posted by Soulskill on from the not-sure-if-confidence-or-overconfidence dept.

An anonymous reader writes "In conjunction with its earnings report for the second quarter of 2013, Apple issued a press release announcing some major plans for its ever growing stockpile of cash. It is increasing its quarterly dividend payout to investors by 15%. What's more, the company will spend $60 billion in stock repurchases, making it in Apple's words, 'the largest single share repurchase authorization in history.'"

1 of 282 comments (clear)

  1. Re:This is worse than Yahoo messages by wavedeform · · Score: 5, Interesting

    Too true. Here is Apple, following Warren Buffet's advice, and the Slashdot crowd dumps on them for not knowing what to do with their money. Slashdot isn't what it used to be, and it never was.