Apple, Inc. Buyback
OLI recorded this information on 4/23/2014
The Board has increased its share repurchase authorization to $90 billion from the $60 billion level announced last year. The Company expects to continue to utilize about $1 billion annually to net-share-settle vesting restricted stock units.
Apple designs, manufactures and markets mobile communication and media devices and personal computers, and sells a variety of related software, services, accessories, and third-party digital content and applications. Co.'s products and services include iPhone®, iPad®, Mac®, Apple Watch®, AirPods®, Apple TV®, HomePod, a portfolio of consumer and personnel software applications, iOS, macOS®, watchOS® and tvOS operating systems, iCloud®, Apple Pay® and a variety of other accessory, service and support offerings. Co. sells and delivers digital content and applications through the iTunes Store®, App Store®, Mac App Store, TV App Store, Book Store and Apple Music®.
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Buy (3.05 out of 4)
(ranked lower than approx. 58% of all stocks covered)
Based on Zacks ABR data;
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