Apple Boosts Its Share Buyback Plan by $75 Billion
This article is for subscribers only.
Apple Inc. will increase its share buyback program by $75 billion and raise the quarterly dividend to shareholders 5 percent.
The iPhone maker announced the moves Tuesday when it reported fiscal second-quarter results. The new quarterly dividend will be 77 cents per share, up from 73 cents a share, which has been in place the past four quarters.