Apple Boosts Share Buyback Plan by $100 Billion, Lifts Dividend
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Apple Inc. said it will return even more money to shareholders as the company generates mountains of cash from gadget sales and benefits from recent U.S. tax cuts.
The iPhone maker committed to spend an additional $100 billion in share repurchases, it said Tuesday in announcing quarterly earnings. That comes on top of the existing $210 billion buyback program to be completed during the fiscal third quarter.