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Apple To Launch Largest Stock Repurchasing Plan In History

April 24th, 2013, 02:20 Posted By: wraggster

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.'

http://apple.slashdot.org/story/13/0...lan-in-history

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