Apple Lossless Audio CODEC (ALAC), in 2012 he initiated a program to buy back his own shares sold on the US stock exchange, and in a year and a half he spent an impressive amount of money to buy them back. In this article, however, we will refer only to the year 2014, the Apple company spending no less than 56 billion dollars on shares.
Basically, Apple spent three times more money than the closest company that bought back its shares, and that's what it says very much about the intentions of the Americans. With a stock market capitalization of over 600 billion dollars, Apple spent practically 10% of its value to buy back its shares.
In 2014, IBM spent 19.2 billion dollars to buy back its shares, and behind it there are quite a few American companies that spent much less. In practice, Apple is buying back its shares at a fast pace and is starting to have more and more control over its own destiny, having a multitude of other options in front of it.
By buying back its shares, Apple has greater control over the decisions it makes, it limits the dividends that must be offered, but not only that. With the shares it has available, it can attract new talent to whom it can offer stock packages along with salary benefits, so Apple can make extremely interesting hires in the future.
