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Technology Stocks : Apple Inc.
AAPL 271.30-0.2%2:28 PM EST

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To: rnsmth who wrote (168960)4/26/2014 8:15:41 PM
From: voop  Read Replies (2) of 213176
 
Check my math

I show 861 million shares outstanding so they buy back 10 million shares net to get to 851.

Who knows what price but if they consider the company that undervalued to offer a 7:1 stock split, buyback, and repurchase program and figures are going to be buying back really soon

But 10 million shares at $570 is going to require twice the 2.8 billion listed. Not to mention having buy more to offset option dilution outstanding; perhaps treated separately by the $1 billion set aside.
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