How many shares has Apple bought back?
Apple bought back over $67 billion worth of shares during the year.Click to see full answer. Hereof, how many shares did Apple buy back last quarter?AAPL, -3.39% disclosed Thursday that it spent $17.9 billion to buy back 92.6 million shares during the fiscal fourth quarter ended Sept. 28, or about 2% of the shares outstanding….
Apple bought back over $67 billion worth of shares during the year.Click to see full answer. Hereof, how many shares did Apple buy back last quarter?AAPL, -3.39% disclosed Thursday that it spent $17.9 billion to buy back 92.6 million shares during the fiscal fourth quarter ended Sept. 28, or about 2% of the shares outstanding. That compares with the $17.0 billion Apple spent in the previous quarter, and the $49.2 billion spent over the previous three quarters.Secondly, when did Apple buy back? Since 2012, Apple has been buying back shares at the extraordinary rate of around $10 billion per quarter. Moreover, is Apple buying back its stock? The company has favored its buyback program in recent years, but Apple shares are no longer a bargain after doubling in the past year. During its latest fiscal year that ended in September, Apple bought back $67 billion in stock and paid out $14 billion in dividends. Its shares now yield 1%.What happens when company buy back shares?Stock buybacks refer to the repurchasing of shares of stock by the company that issued them. A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors.
