KeithD
18th February 2013, 12:09
Hmmm..... Apple are releasing $45 Billion, about 1rd of the money they hold to pay shareholders, and for share buybacks as reported in Time magazine.
Now buybacks are perfectly legal, and for those who don't know, a buyback is when a company buys its own shares with its own money, which basically means less shares in the market and therefore keeps up demand, which in simple terms means it helps hold up the share price.
Now buybacks are perfectly legal, and for those who don't know, a buyback is when a company buys its own shares with its own money, which basically means less shares in the market and therefore keeps up demand, which in simple terms means it helps hold up the share price.