|Feb 7, 2013, 02:47 PM||#1|
Apple Issues Statement About Returning Cash to Shareholders
Apple has issued a press release reiterating its commitment to return some of its extremely large cash pile to shareholders, saying that Apple management and the Board of Directors are in "active discussions" about how to return cash to shareholders.
This follows letter sent to Apple shareholders this morning by Greenlight Capital [PDF], a major Apple shareholder, arguing that the company "must examine all of its options to unlock the growing value of its balance sheet".
Apple's stock price rose sharply in the minutes following the release.
Article Link: Apple Issues Statement About Returning Cash to Shareholders
|Thread Tools||Search this Thread|
|thread||Thread Starter||Forum||Replies||Last Post|
|Highlights from Apple's Preliminary Proxy Statement, 2014 Shareholders Meeting Proposals||MacRumors||MacRumors.com News Discussion||125||Jan 6, 2014 07:53 AM|
|Apple Issues Statement in Support of Supreme Court Gay Marriage Rulings||MacRumors||Politics, Religion, Social Issues||366||Jun 26, 2013 04:04 PM|
|Highlights from Apple's Preliminary Proxy Statement, Shareholders Meeting Questions||MacRumors||MacRumors.com News Discussion||14||Dec 29, 2012 01:37 PM|
|Apple Issues Statement Over Day 1 'Maps' Glitches, Maps Team Reportedly Under Lockdown to Fix Issues||MacRumors||MacRumors.com News Discussion||1023||Oct 27, 2012 06:32 PM|
|Apple Issues Statement on EPEAT Registry Withdrawal||MacRumors||MacRumors.com News Discussion||210||Jul 14, 2012 05:47 PM|
All times are GMT -5. The time now is 04:41 AM.