shareholders

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...

Apple Agrees to Board Diversity Following Shareholder Criticism

Major shareholders Trillium Asset Management LLC and the Sustainability Group criticized Apple over the lack of diversity in its executive team. The two have said they are disappointed the iPhone manufacturer has only one woman on its eight-member board, and only one woman (who will join the company this spring) who will report directly to...