07-25-2013, 07:04 PM
"Last quarter, the Cupertino company spent $16 billion on 36 million of its own shares, which cost, on average, just over $444 apiece."
Which is higher than it is today, in fact it would have been pretty hard to average $444 during that quarter, there were only two periods where the stock was above $444. May 2 to May 14, and May 27 to June 5. A total of 15 trading days during the quarter.
Which is higher than it is today, in fact it would have been pretty hard to average $444 during that quarter, there were only two periods where the stock was above $444. May 2 to May 14, and May 27 to June 5. A total of 15 trading days during the quarter.