Apple Announces Stock Dividend and Buyback Program (AAPL)

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Apple Announces Stock Dividend and Buyback Program (AAPL)
Investors and analysts finally do not have to speculate about Apple's surplus of nearly $100 billion in cash. According to the New York Times, the tech giant announced Monday it would pay a stock dividend of $2.65 a share in the fourth quarter. The company board also authorized a $10 billion share buyback program to reward investors.

Apple issued a media alert on Sunday evening saying it planned to announce the long-awaited decision by its board about what to do with the large amount of cash. This allowed everyone from analysts to bloggers to speculate about what they would do with the money. Many on Wall Street called for the company to give some money back it its shareholders. Luckily, the company appeased the masses.

In a statement, Apple CEO, Tim Cook said, 'We have used some of our cash to make great investments in our business through increased research and development, acquisitions, new retail store openings, strategic prepayments and capital expenditures in our supply chain, and building out our infrastructure. You'll see more of all of these in the future.'

Apple halted trading on its stock on Monday. This is the first time the company has paid out a dividend to its shareholders since 1995..

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    Investors and analysts finally do not have to speculate about Apple's surplus of nearly $100 billion in cash. According to the New York Times, the tech giant announced Monday it would pay a stock dividend of $2.65 a share in the fourth quarter. The company board also authorized a $10 billion share buyback program to reward investors.

    Apple issued a media alert on Sunday evening saying it planned to announce the long-awaited decision by its board about what to do with the large amount of cash. This allowed everyone from analysts to bloggers to speculate about what they would do with the money. Many on Wall Street called for the company to give some money back it its shareholders. Luckily, the company appeased the masses.

    In a statement, Apple CEO, Tim Cook said, 'We have used some of our cash to make great investments in our business through increased research and development, acquisitions, new retail store openings, strategic prepayments and capital expenditures in our supply chain, and building out our infrastructure. You'll see more of all of these in the future.'

    Apple halted trading on its stock on Monday. This is the first time the company has paid out a dividend to its shareholders since 1995.

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    Apple is finally acknowledging that it has more money than it needs. But don't expect it to cut prices on iPhones and iPads. Instead, the company said on Monday that it will reward its shareholders with a dividend and a stock buyback program.

    Apple, the world's most valuable publicly traded company, sits on $97.6 billion in cash and securities.

    The company has stockpiled the cash through a combination of great ideas and prudence. Apple spends money, to be sure, building data centers, buying parts for its products and pursuing ambitious projects such as a new 2.8-million-square-foot headquarters that has been likened to a spaceship. It also invests in the research and development of new technology and negotiates an occasional acquisition.

    But Apple simply hasn't managed to spend its earnings faster than people are lining up to buy its iPads, iPhones and other gadgets.

    The decision to return some of that money to investors is a clear signal that Apple is taking a different approach in the post-Jobs era.

    Former CEO Steve Jobs resisted calls to issue dividends for years. He argued that the money was better used to give Apple maneuvering room to acquire other companies, for instance. Apple did pay a

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    भारत में पहला BAR कौन सा है? Which is the First BAR in India? Do you know?

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    Disclaimer:
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    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink knowledge, Bartending and many more then this channel is for you. India is the biggest alcohol consumer in the world. We buy and consume more whiskey in the world than anyone else. This channel helps give information about your favorite drink. How to make fantastic cocktails at ho

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  • Watch एक Wine की बोतल की सेल्फ लाइफ क्या होती है? | What is the shelf-life of a bottle of wine? | #shorts Video
    एक Wine की बोतल की सेल्फ लाइफ क्या होती है? | What is the shelf-life of a bottle of wine? | #shorts

    एक Wine की बोतल की सेल्फ लाइफ क्या होती है? What is the shelf-life of a bottle of wine?
    #wine #Wineshelflife #cocktailsindia #dadabartender


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    Check out my Podcast - 'Dada Bartender Podcast' https://open.spotify.com/show/0ub0ll4SUUWwHDo5qk5Nb5?si=7b3ac81e1c194caf

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    ********************************************************************
    My Camera - Canon EOS 200D II - Link To Purchase - https://amzn.to/3ZXuNQD
    My Best Camera - Sony A7 3 - https://amzn.to/3ZjAkAJ
    My Sound - GODOX MoveLink M2 - https://amzn.to/3JcqaMJ
    My Light setup - GODOX LC500R RGB LED Light Stick - https://amzn.to/3SQmu6P
    My Lens Setup - Sigma 18-35mm f/1.8 DC for Canon - https://amzn.to/3ZDqbyD
    My Lens Setup - Canon EF50MM F/1.8 STM Lens - https://amzn.to/41CEeX4
    My Audio Setup - Zoom H1n Handy Recorder - https://amzn.to/3mudhFa

    Home Bar Accessories - https://amzn.to/3LedEOv
    Glassware - https://amzn.to/3KRPSrf
    Ice mould - https://amzn.to/3EWlecr

    Disclaimer:
    The purpose of this channel is not to support or encourage underage drinking but to provide knowledge of the products we consume. This channel does not promote or sell any alcoholic product. The purpose of this channel is to strictly entertain and inform people about products available on the market. We are strictly against underage drinking and do not support it.

    About The Channel:-
    If you love homestyle cocktails, reviews of Alcohol, Drink kn

    Cooking video | 960 views