In the world
20:14 19/03/2012
Apple to pay dividends and buy back shares
Apple, one of the world’s richest companies, will reward investors with a dividend- and share-purchase program totaling $45 billion over three years, the company said Monday.
In a departure from the direction of late chief executive Steve Jobs, Apple will significantly draw from its massive $98 billion cash war chest to initiate a quarterly dividend of $2.65 per share sometime in the fiscal quarter beginning July 1. The plan must be approved by the company’s board of directors, reports the Washington Post.
The BBC reports that the technology giant said it would pay a quarterly dividend of $2.65 per share from July.
It will buy back up to $10bn (£6.3bn) of its own shares starting in the company's next financial year, which begins on 30 September 2012.
It is the first time Apple has declared a dividend since 1995.
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:
Newsfeed
15:07
Armenian-Russian relations 'in agony', expert says
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14:32
Powerful Israeli airstrike kills 11 people in central Beirut
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14:15
Expert: Armenian-Azeri talks somewhat stalled
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13:33
Temperatures set to plunge next week
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13:06
Magnitude 4․3 quake hits Azerbaijan, felt in Armenia
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12:35
Opposition MP slams Pashinyan's Western Armenia remarks
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12:00
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11:36
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11:15
Armenia's Mushegh Mkrtchyan wins bronze at World Military Wrestling Championships
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11:00
Switzerland bans exports to Polish firm after Swiss-made ammunition ends up in Ukraine
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17:12
Armenia to face Georgia in Nations League play-off
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16:36
Hayk Marutyan agrees to debate with Tigran Avinyan
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15:45
Opposition politician: Pashinyan leading Armenia to 'final collapse'
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Caretaker deputy justice minister sacked
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14:35
Armenian parliament speaker confirms MP's resignation
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14:06
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13:36
Orban says he will invite Netanyahu to Hungary after ICC warrant
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13:11
Temps to plummet in Armenia
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12:32
Alexis Ohanian showcases rare Armenian coin
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12:16
German foreign minister criticizes Azerbaijan's human rights record
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11:36
World Cadet Chess Championship passes its halfway mark
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11:15
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11:00
Armenian, Iranian foreign ministers hold phone call
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17:07
Winter military draft starts in Armenia on November 25
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16:45
Russian spokeswoman told not to comment on ballistic missile strike live on air
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16:33
Belgian politicians call for immediate release of all Armenian prisoners held in Baku
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16:06
Armenia thwarts large-scale drug smuggling attempt
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15:33
Armenian government reduces financial aid for Artsakh refugees
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14:45
Percival Everett wins National Book Award
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