Apple Inc. Chief Executive Officer Tim Cook unveiled one of the biggest dividend and buyback programs in corporate history earlier this year. It still wasn’t enough for some investors.
Carl Icahn, the billionaire activist investor who has made a career of pushing companies to make changes to boost shares, yesterday said in a Twitter Inc. posting that he’s an Apple shareholder. Icahn bought $1 billion worth of stock and wants Apple to allocate $150 billion for a repurchase, said a person with knowledge of his plans who asked not to be named because the investment was made privately.
