Cash Flow | featured news

Apple, for the first time, will pay dividends to investors

Apple Cash

Apple, one of the world’s richest companies, will reward investors with a dividend- and share-purchase program totaling $45 billion over three years, the company said Monday. In a departure from the direction of late chief executive Steve Jobs, Apple will significantly draw from its massive $98 billion cash war chest to initiate a quarterly dividend of $2.65 per share sometime in the fiscal quarter beginning July 1.

 

IBM board approves $5 billion stock repurchase

IBM board approves $5 billion stock repurchase

IBM said its board approved an additional $5.0 billion in share repurchases, bringing the company's total stock buyback program to $9.2 billion in a reflection of its strong cash flow.

 

Subscribe to this RSS topic: Syndicate content