However, management's been shareholder - friendly to date (also prompted by activist Everest's 3.4 % stake), particularly with a v aggressive share buyback programme which has significantly enhanced NAV. (wexboy.wordpress.com)
It's also one of the few stocks which is actually committed to returning a decent amount of cash to shareholders — it pays a 30 ct annual dividend (a 3.2 % yield) & the company completed a $ 200 mio share buyback programme in 2012. (wexboy.wordpress.com)
Shares of Apple closed higher ahead of the release of fiscal second - quarter earnings on Tuesday as investors cheered reports that the iPhone maker is set to announce a bumper share buyback programme. (theinvestorspodcast.com)