Apple expected to announce $90 billion in buybacks and dividends when it reports earnings
Apple uses its second-quarter earnings reports to tell investors how much money its board has authorized the company to spend on share repurchases and dividends.
Analysts expect that number to come in at $90 billion.
From 2012 through the end of 2022, Apple spent over $572 billion on share repurchases.
Analysts expect that number to come in at $90 billion.
From 2012 through the end of 2022, Apple spent over $572 billion on share repurchases.
“Repurchases - is sensible for a company when its shares sell at a meaningful discount to conservatively calculated intrinsic value .. BUT never forget: In repurchase decisions, PRICE is all-important. VALUE is DESTROYED WHEN purchases are made above intrinsic value.” Warren
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment