Apple passed on share buybacks while they were cheap

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During good times, Apple’s record-breaking share buyback has been credited with helping with a stock market boom. Something weird happened in December, however. When Apple’s stock price was tumbling from its record high, Apple stopped buying back shares. Clearly the whole “buy low, sell high” thing doesn’t always apply! As MarketWatch notes: “In a filing […]

(via Cult of Mac - Tech and culture through an Apple lens)

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