Apple to Pay Dividend, Buy Back Stock to Return Some of Cash
2012-03-20 08:44:37
Apple Inc. (AAPL) will pay its first dividend in 17 years and buy back $10 billion in stock, heeding investors who urged it to return part of the $97.6 billion in cash amassed by robust demand for iPhones and iPads.
Shareholders will receive a quarterly dividend of $2.65 a share starting in the period beginning July 1, Cupertino, California-based Apple said today in a statement. The buybacks will begin in the fiscal year starting Sept. 30 and happen over three years, the company said.
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TIME | |||||
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Sydney | Tokyo | Ha Noi | HongKong | LonDon | NewYork |
Prices By NTGOLD | ||
---|---|---|
We Sell | We Buy | |
37.5g ABC Luong Bar | ||
4,593.50 | 4,243.50 | |
1oz ABC Bullion Cast Bar | ||
3,822.00 | 3,482.00 | |
100g ABC Bullion Bar | ||
12,195.60 | 11,245.60 | |
1kg ABC Bullion Silver | ||
1,651.90 | 1,301.90 |
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