stock buyback

Apple to Raise $3.5 Billion From Bond Sale in Euros: WSJ

Rumours of Apple issuing bonds in euros surfaced yesterday, and the Wall Street Journal has posted a follow-up report with additional details of the deal. As previously mentioned, this will be an Apple first – borrowing money in euros. The iPhone maker will raise €2.8 billion ($3.5 billion) from two chunks of euro debt maturing...

Apple Sells $12 Billion of Bonds to Fund Stock Buyback Program

Investors rushed to place orders for Apple’s $12 billion, seven-part bond sale, which is aimed at funding the extended stock buyback program. Cupertino, Calif.-based Apple sold $12 billion of debt of varying maturities at interest rates that were mostly less than a percentage point above comparable U.S. Treasury debt, highlighting widespread faith in the iPhone maker's...

Apple Increases Stock Buyback Program to Over $130 Billion

Apple announced today that its Board of Directors granted another significant increase to the company's capital return program (in line with previous rumours): The iPhone maker plans to utilize a total of $130 billion in cash by the end of next year. As part of the program, the Board has increased its share repurchase authorization...