Let us consider that point.
Originally Posted by porkupan View Post
"Nothing. But claiming that the reason why AAPL stock is still "at the heights" of $450/share and not in some dumpster (where it perhaps belongs) is that Apple has been busy propping it up via some quiet stock repurchases doesn't go beyond my definition of badmouthing."
In that statement using the word "dumpster" implies, at least on this side of the big water, that the stock would be very very low unless it was propped up.
That is a very large exaggeration, a far cry from what I said as seen below."
Originally Posted by SeaKing
"I have been wondering how much stock Apple has bought back to help maintain the price."
I assume that afv011 saw that difference.
Also perhaps some did not see Mr murraypaul's post at #153
Quote:
Originally Posted by SeaKing View Post
I have been wondering how much stock Apple has bought back to help maintain the price.
http://www.apple.com/pr/library/2012...e-Program.html
Quote:
CUPERTINO, California—March 19, 2012—Apple® today announced plans to initiate a dividend and share repurchase program commencing later this year.
[...]
Additionally, the Company’s Board of Directors has authorized a $10 billion share repurchase program commencing in the Company’s fiscal 2013, which begins on September 30, 2012. The repurchase program is expected to be executed over three years, with the primary objective of neutralizing the impact of dilution from future employee equity grants and employee stock purchase programs.