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Showing posts with label cash. Show all posts
Showing posts with label cash. Show all posts

March 19, 2012

Apple to spend cash on dividends and share repurchases

The speculation is over. Apple has announced that it will give a quarterly dividend of US$2.65/share starting from fourth quarter of 2012 (September quarter). The company will also use US$10bn for share repurchases.

Combined the dividend and the share buyback will involve an expenditure of US$22.4bn till Sep 2013.

Let consider what impact this will have on Apple by Sep 2013.