Apple Announces Plans to Initiate Dividend and Share Repurchase Program

BusinessWire: Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year.

Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.

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-Mezzo-3847d ago

So Apple is spending it's money to buy back......Apple?