Just How Impressive Is Apple's Ambitious Buyback?
Apple's slide over the past year made major waves throughout the tech and investment community. However, it seems the company's stock price might have finally found a floor, partially on the back of Apple's recently bolstered capital-return program. Apple's cash had been one of the most talked-about aspects of this company, and CEO Tim Cook showed the market he isn't afraid to fire the company's biggest bazooka. So just how much does its new and improved buyback program actually give investors? In the following video, we run the numbers to find out.
The article Just How Impressive Is Apple's Ambitious Buyback? originally appeared on Fool.com.Fool contributor Andrew Tonner owns shares of Apple. Follow Andrew and all his writing on Twitter: @AndrewTonner. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.