• We've upgraded our forums. Please post any issues/requests in this thread.

Apple Announces Plans to Initiate Dividend and Share Repurchase Program

Joined
Dec 6, 2011
Messages
4,785 (2.17/day)
Likes
1,187
Location
Still on the East Side
#1
Apple today announced plans to initiate a dividend and share repurchase program commencing later this year.

Subject to declaration by the Board of Directors, the Company plans to initiate a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1, 2012.

Additionally, the Company's Board of Directors has authorized a $10 billion share repurchase program commencing in the Company's fiscal 2013, which begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.

Show full news post
 
Joined
Nov 4, 2005
Messages
9,950 (2.25/day)
Likes
2,309
System Name MoFo 2
Processor AMD PhenomII 1100T @ 4.2Ghz
Motherboard Asus Crosshair IV
Cooling Swiftec 655 pump, Apogee GT,, MCR360mm Rad, 1/2 loop.
Memory 8GB DDR3-2133 @ 1900 8.9.9.24 1T
Video Card(s) HD7970 1250/1750
Storage Agility 3 SSD 6TB RAID 0 on RAID Card
Display(s) 46" 1080P Toshiba LCD
Case Rosewill R6A34-BK modded (thanks to MKmods)
Audio Device(s) ATI HDMI
Power Supply 750W PC Power & Cooling modded (thanks to MKmods)
Software A lot.
Benchmark Scores Its fast. Enough.
#2
I thought reinvesting in the company with employee dollars was illegal?
 
Joined
Apr 4, 2009
Messages
529 (0.17/day)
Likes
20
Processor i3-4160
Motherboard msi z97 pcmate
Cooling generic
Memory 8gb ballistix
Video Card(s) evga 750 ti ftw
Storage samsung ssd 120gb + 1tb samsung
Case 210 elite
Power Supply evga 500w
Software Win 7 ultimate 64bit
#3
how does repurchase prevent dilution from increased employee benefit?
 

Fourstaff

Moderator
Staff member
Joined
Nov 29, 2009
Messages
9,376 (3.19/day)
Likes
2,100
Location
Home
System Name Asus K50-X5DAB \\ Orange!
Processor Athlon QL-65 2.2Ghz \\ 3570K
Motherboard Laptop \\ ASRock z77 Extreme4
Cooling Laptop \\ H100i
Memory 1x1GB + 1X2GB \\ 2x4Gb 1600Mhz CL9 Corsair XMS3
Video Card(s) Mobility Radeon HD4570 512mb \\ Zotac 660Ti OC 2Gb
Storage 250Gb \\ Samsung 840 250Gb + Toshiba DT01ACA300 3Tb
Display(s) 15.6" 1366x768 \\ LG 22EA53VQ
Case Laptop Chassis \\ NZXT Phantom 410 Black/Orange
Power Supply Power Brick \\ Corsair CXM500w
#4
I thought reinvesting in the company with employee dollars was illegal?
But this is not reinvesting the company with employee dollars.

how does repurchase prevent dilution from increased employee benefit?
Employees high up the pecking order (like CEO and so on) usually get their bonus in form of shares, to keep the number of shares in the market roughly constant you will need to have a form of share buyback program, otherwise existing shareholders will have the size of their share slowly decrease.
 
Joined
Apr 4, 2009
Messages
529 (0.17/day)
Likes
20
Processor i3-4160
Motherboard msi z97 pcmate
Cooling generic
Memory 8gb ballistix
Video Card(s) evga 750 ti ftw
Storage samsung ssd 120gb + 1tb samsung
Case 210 elite
Power Supply evga 500w
Software Win 7 ultimate 64bit
#5
that makes sense. thanks
 
Joined
Sep 18, 2011
Messages
1,719 (0.75/day)
Likes
345
Location
Raleigh, North Carolina
System Name Red Giant
Processor Intel Core i7-2600k @ 4.4 Ghz
Motherboard Asus P67 Sabertooth
Cooling Corsair H100i V2
Memory Corsair Vengeance DDR3 16GB
Video Card(s) MSI Twin Frozr II 6950 2GB
Storage 960 GB Sandisk SSD
Display(s) 23" Dell S2316M
Case CoolerMaster HAF X
Audio Device(s) Onboard
Power Supply Corsair AX1200
Mouse Corsair M65 RGB
Keyboard Corsair Strafe RGB Silent
Software Windows 10 64 bit
#6
Kind of wishing I had bought me some Apple stock right about now lol
 

Fourstaff

Moderator
Staff member
Joined
Nov 29, 2009
Messages
9,376 (3.19/day)
Likes
2,100
Location
Home
System Name Asus K50-X5DAB \\ Orange!
Processor Athlon QL-65 2.2Ghz \\ 3570K
Motherboard Laptop \\ ASRock z77 Extreme4
Cooling Laptop \\ H100i
Memory 1x1GB + 1X2GB \\ 2x4Gb 1600Mhz CL9 Corsair XMS3
Video Card(s) Mobility Radeon HD4570 512mb \\ Zotac 660Ti OC 2Gb
Storage 250Gb \\ Samsung 840 250Gb + Toshiba DT01ACA300 3Tb
Display(s) 15.6" 1366x768 \\ LG 22EA53VQ
Case Laptop Chassis \\ NZXT Phantom 410 Black/Orange
Power Supply Power Brick \\ Corsair CXM500w
#7
Kind of wishing I had bought me some Apple stock right about now lol
It was about $400 last November, but I thought its too expensive. Damn those hippies :banghead: