CNBC’s David Faber reports via Twitter that Carl Icahn’s Apple buyback proposal calls for “at least” $50B in share repurchases in fiscal 2014.
Earlier today, TIME reported that Icahn filed a shareholder proposal with Apple on Nov. 26 to persuade the company to share some of its $147 billion cash hoard with stockholders.
Icahn had been seeking up to $150 billion in share repurchases.
Icahn is now calling for a buyback of "at least" $50b in stock in current fiscal year. Seems like his ask just came down by a lot.
— David Faber (@davidfaber) December 4, 2013
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Drop dead you parasite.
Apple calls it’s own shots.
This guy really needs to STFU. Seriously, STFU old greedy white dude.
And if he was black. Seriously, STFU old greedy black dude.
And if he was purple, stfu you greedy purple dude!
If he is purple, he’s already been shut up permanently.
You don’t need a weatherman to know which way the wind blows.
Cook continues to impress.
go away, Carl.
Down from 150 billion to a mere 50 billion, icon must need the money. Maybe he’s broke!
easy money looking for easy money looking for more easy money. really, what do the icahns of the world do for the greater good. what are their contributions to the arts or the advancement of science and technology. carl’s just lining carl’s pockets.
My shares vote NO …..
Asshole thinks he runs the company. Fuck him.