19.03.2012 14:05 Uhr, Quelle: iPodlounge

News: Apple to initiate dividend and share repurchase program

Apple announced this morning that it plans to initiate a dividend and share repurchase program later this year. According to the announcement, the company plans to offer a quarterly dividend of $2.65 per share sometime in the fourth fiscal quarter of 2012, which begins on July 1. In addition, Apple’s Board of Directors has authorized a $10 billion share repurchase program to begin during its fiscal 2013, which begins on September 30, 2012. The…

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