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Slow Down, Carl: Not All Apple Shareholders Want a Big Share Buyback

by Mark Berniker

For months, Carl Icahn has been pushing Apple CEO Tim Cook to use the company’s $158 billion war chest to buy back company shares, and hopefully substantially boost its stock price.

But not every Apple shareholder agrees with that strategy, and at least one big one doesn’t appreciate Icahn’s activism.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.

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