Steve Jobs Wasn't A Fan, But Apple's Record Stock Buyback Is So Massive It Dwarfs Valuations Of Boeing, Starbucks, eBay And 415 Other S&P 500 Companies

Benzinga
Benzinga
  • 9 days ago
In 2023, buybacks by U.S. companies were valued at $795.1 billion, down from $922.7 billion in 2022.
Apple has a massive cash hoard, with the war chest swelling to $162.34 billion by the end of the second quarter.

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