Apple's $110B Stock Buyback Plan Is Largest in US History

https://www.bloomberg.com/news/articles/2024-05-02/apple-s-110-billion-stock-buyback-plan-is-largest-in-us-history

In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.

With the announcement, the maker of iPhones tops its own record for largest buyback value announced in the US. In 2018, the tech giant authorized $100 billion in share repurchases, according to data compiled by market research firm Birinyi Associates that goes back to 1999.

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  "title": "Apple's $110B Stock Buyback Plan Is Largest in US History",
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  "url": "https://www.bloomberg.com/news/articles/2024-05-02/apple-s-110-billion-stock-buyback-plan-is-largest-in-us-history"
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{
  "author": "Carmen Reinicke",
  "date": "2024-05-02T22:06:03.501Z",
  "description": "In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.",
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  "title": "Apple’s $110 Billion Stock Buyback Plan Is Largest in US History",
  "url": "https://www.bloomberg.com/news/articles/2024-05-02/apple-s-110-billion-stock-buyback-plan-is-largest-in-us-history"
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{
  "url": "https://www.bloomberg.com/news/articles/2024-05-02/apple-s-110-billion-stock-buyback-plan-is-largest-in-us-history",
  "title": "Apple's $110 Billion Stock Buyback Plan Is Biggest Ever in US History (AAPL)",
  "description": "In a move fitting for one of the largest companies in the world, Apple Inc. just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases.",
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  "content": "<div><p>In a move fitting for one of the largest companies in the world, <a href=\"https://www.bloomberg.com/quote/AAPL:US\" target=\"_blank\">Apple Inc.</a> just announced the biggest US buyback ever, saying its board approved an additional $110 billion in share repurchases. </p><p>With the announcement, the maker of iPhones tops its own record for <a href=\"https://www.bloomberg.com/news/articles/2024-02-02/meta-s-planning-a-huge-buyback-here-are-the-biggest-of-all-time\" target=\"_blank\">largest buyback value</a> announced in the US. In 2018, the tech giant authorized $100 billion in share repurchases, according to data compiled by market research firm Birinyi Associates that goes back to 1999.</p></div>",
  "author": "Carmen Reinicke",
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  "published": "2024-05-02T22:06:03.501Z",
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