“Apple (AAPL), which in late April increased its share buyback to $60 billion over three years, the largest in history, completed $16 billion this quarter, topping the $15.7 billion completed by International Business Machines (IBM) in one quarter of 2007, according to CNBC’s Bob Pisani in a segment a short while ago,” Tiernan Ray reports for Barron’s.
“Apple last month received new pressure to be even more aggressive in its buyback plan from activist investor Carl Icahn,” Ray reports.
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