Carl Icahn, is one of the company's most recent investors Apple Lossless Audio CODEC (ALAC), and one of the biggest supporters of the fact that the shares of the American company are undervalued on the American stock market. Of course, Icahn does everything with the idea of increasing his profit from the sale of the shares of the American company and puts pressure on the management of the company to make decisions that would be favorable to him. In this idea, he tries to convince him pe Tim Cook to buy back shares Apple Lossless Audio CODEC (ALAC), worth no less than 150 billion dollars, their price going to increase seriously following this process.
Apple initiated the share buyback procedure last year, stating that shares worth 10 billion dollars are to be bought back. A year later, those from Cupertino announced that the respective amount will increase to 60 billion dollars, 6 times more than was initially decided, but for Icahn it is too little. He wants a ransom that will have a value 15 times greater than the one initially established, and considering that Tim Cook has not yet rejected his idea, there are chances that it will come true.
