Apple Again Leads S&P 500 Companies in Buybacks with Record $23.8 Billion Spend
Citing latest data from S&P Global, Axios has pointed out that Apple has more than doubled its spend on stock buybacks from the previous quarter to once again become the leading S&P 500 company in buybacks with a record spend of $23.8 billion in Q1 2019. It is interesting to note that while Apple has...
Apple to Sell $5 Billion of Debt to Fund Stock Buybacks and Dividends
Apple is initiating another bond sale, which is reportedly worth $5 billion, as part of efforts to return $300 billion to shareholders by March 2019. According to Bloomberg, the sale is being issued in four parts. The first part is a 30-year security, which may yield 1.1 percent points above Treasuries, rather than the 1.25 initially expected. In...