Tag Archives: Share
With minutes away from conference call, Apple has announced a pair of initiatives for its “giant” stockpile of cash totalling approximately $100 billion, a stock buyback, which run over three years beginning in fiscal 2013 (starts from September this year) along with a per-share dividend of $2.65 to start sometime in fiscal Q4, which starts on July 1st. CEO Tim Cook...
The cellphone chip supplier Qualcomm announced a new $4 billion share buyback program and hiked its quarterly dividend by 16 percent. The company had 1.72 billion shares outstanding at the end of last year. The new stock buyback plan will replace the company’s existing $3 billion program, which still having $948 million of repurchase authority remaining. The new plan...