Apple's share buyback jump starts its price shares
TweetFollow Us on Twitter

Apple's share buyback jump starts its price shares


The US $60 billion share buyback announced by Apple two weeks ago has helped drive strong gains and high trading volumes for the stock, reports "MarketWatch" (http://tinyurl.com/czpdp4u).

Shares are up more than 13% since April 23, the last day of trading before the company announced its fiscal second-quarter earnings and stepped up its “capital return” program. That program included the addition of $50 billion to an existing $10 billion buyback program.

The buyback announcement appears to have driven significant activity in the stock. Trading volumes in four of the last nine sessions have exceeded the stock’s 90-day average, according to FactSet. The stock price has jumped from its $406.10 closing price to its Monday closing price of $460.71 in that time, notes "MarketWatch."

 
AAPL
$100.11
Apple Inc.
-0.64
GOOG
$572.59
Google Inc.
-4.77
MSFT
$46.33
Microsoft Corpora
-0.03
MacNews Search:
Community Search:

Latest Forum Discussions

See All
view counter

view counter
view counter
view counter
view counter
view counter
view counter

HeroCraft Introduces Unlimited Sequel to...
HeroCraft Introduces Unlimited Sequel to WW2: Sandbox. Strategy & Tactics Posted by Jessica Fisher on October 1st, 2014 [ permalink ] | Read more »
RGB Express Review
RGB Express Review By Jennifer Allen on October 1st, 2014 Our Rating: :: DELIGHTFUL PUZZLINGUniversal App - Designed for iPhone and iPad Guide trucks along their delivery routes in RGB Express, a testing but charming puzzle game.   | Read more »
The Sagas of Fire*Wolf (Games)
The Sagas of Fire*Wolf 1.0 Device: iOS Universal Category: Games Price: $9.99, Version: 1.0 (iTunes) Description: | Read more »
BuggyFun Review
BuggyFun Review By Amy Solomon on October 1st, 2014 Our Rating: iPad Only App - Designed for the iPad BuggyFun allows children to create their own tracks for bugs to interact with for a unique open-ended experience.   | Read more »
Fold the Adventure Review
Fold the Adventure Review By Jennifer Allen on October 1st, 2014 Our Rating: :: AWKWARD FOLDSUniversal App - Designed for iPhone and iPad Fold pieces of paper to create platforms for a princely rabbit in this puzzle game; something that isn’t as beguiling as you’d think.   | Read more »
WW2: Sandbox. Strategy & Tactics (G...
WW2: Sandbox. Strategy & Tactics 1.0.0 Device: iOS Universal Category: Games Price: $9.99, Version: 1.0.0 (iTunes) Description: Sandbox is the unlimited sequel to our Strategy & Tactics: World War II. We've abandoned historical restrictions and turn limits making your task deceptively simple - take command of any European... | Read more »
apeFilter (Music)
apeFilter 1.0 Device: iOS Universal Category: Music Price: $6.99, Version: 1.0 (iTunes) Description: | Read more »
Shred It! Review
Shred It! Review By Jennifer Allen on September 30th, 2014 Our Rating: :: GORGEOUS BUT BASICUniversal App - Designed for iPhone and iPad It might look lovely, but Shred It! is a pretty shallow endless runner/snowboarding game.   | Read more »
Check Out the New Teaser Trailer forGAME...
Check Out the New Teaser Trailer forGAMEVIL’s Darkness Reborn Posted by Jessica Fisher on September 30th, 2014 [ permalink ] Darkness Reborn, by GAMEVIL< | Read more »
It Came From Canada: Angry Birds: Transf...
Anyone afraid that throwing Transformers into the Angry Birds mix would result in a Michael Bay-level of childhood pillaging can rest easy. While Rovio’s famous fowls may be a 21st century staple, Angry Birds: Transformers wears its affection for the 80s on its sleeve. But is mere retro reverence enough to justify this crossover? We find out in... | Read more »
All contents are Copyright 1984-2010 by Xplain Corporation. All rights reserved. Theme designed by Icreon.