#apple share repurchases

[macdailynews]

Apple continues to lead buybacks brigade, spending $17.6 billion in Q319

Apple continues to lead buybacks brigade, spending $17.6 billion in Q319

Apple continues to lead, spending $17.6 billion – down from last quarter’s $18.2 billion, yet still the 8th highest expenditure ever.

S&P Dow Jones Indices announced today that preliminary Q3 2019 S&P 500 stock buybacks, or share repurchases, were $175.9 billion – a 6.3% increase over Q2 2019’s $165.5 billion. This was the first increase after two consecutive quarters of declines since the record…

View On WordPress

[macdailynews]

Apple made a record $24 billion in stock buybacks during June quarter

Apple made a record $24 billion in stock buybacks during June quarter

Daniel Eran Dilger for AppleInsider:

Since 2012, Apple has been buying back shares at the extraordinary rate of around $10 billion per quarter. A year ago it picked up the pace to around $20 billion per quarter. After a reprieve in the March quarter, the company has resumed its buyback frenzy with its largest-ever quarterly funding: $24 billion in the June quarter.

But why is Apple buying back…

View On WordPress

[macdailynews]

Apple may be aggressively buying back AAPL shares again

Apple may be aggressively buying back AAPL shares again

[cfsp key=”getamac.jpg”]”The indices are mixed and breadth is running about 2,900 gainers to 3,800 decliners, while Apple is trading up over 2.3% and helping to offset substantial weakness elsewhere,” James “Rev Shark” Deporre writes for RealMoney.

“Strong momentum in Apple on top of its already strong move following a mediocre earnings report doesn’t seem justified but there is speculation that…

View On WordPress

[macdailynews]

Why did Apple buy a lot of stock high, then stop buying low in December?

Why did Apple buy a lot of stock high, then stop buying low in December?

[cfsp key=”getamac.jpg”]”Apple Inc. remained aggressive in buying back its stock when momentum was strong, and prices held above the $200 mark, but when the going got tough for investors, Apple was nowhere to be found,” Tomi Kilgore writes for MarketWatch.

Apple “spent $8.24 billion repurchasing 38,024,000 shares during its fiscal first quarter ended Dec. 29, at what amounted to a weighted…

View On WordPress

[macdailynews]

Apple's buyback is not the problem

Apple’s buyback is not the problem

“On Tuesday, I read an article from fellow site contributor Antonio Carradinha detailing that Apple’s share buybacks were a problem, not a solution. A majority of the analysis was based on short-term results, which due to recent performance skew the company’s buyback performance,” Bill Maurer writes for Seeking Alpha. “I don’t believe that Apple’s buyback is or has been a problem.”

“Th…

View On WordPress

[macdailynews]

Are share buybacks from Apple, others propping up the market?

Are share buybacks from Apple, others propping up the market?

“Companies are repurchasing their own shares at a rate not seen in nearly a decade, prompting observers to fret that demand for equities is not as strong as the past six weeks’ rally would suggest,” David Floyd writes for Investopedia.

“According to FactSet, S&P 500 companies repurchased $158.2 billion worth of shares in the third quarter of 2015, the highest level since the…

View On WordPress

[macdailynews]

How many AAPL shares can Apple repurchase?

How many AAPL shares can Apple repurchase?

“Apple’s $200 billion cash hoard, combined with its now $69 billion in annual free cash flow, often doesn’t get the credit it deserves — especially now that the company has proven to investors it is willing to aggressively return a good chunk of this cash to shareholders through dividends and repurchases, with a heavy emphasis on the latter,” Daniel Sparks writes for The Motley Fool.

“…

View On WordPress