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Benzinga
Benzinga
Business
Rishabh Mishra

Apple's $704 Billion Decade-Long Buybacks Exceed Market Cap Of All But 13 Companies Worldwide

MA V AAPL ’”Cook Jim Cramer Nasdaq Daniel Ives Dan Ives Apple Charlie Bilello
Apple Eyes Rebound with Slim iPhone, Services Growth

Tim Cook-led Apple Inc. (NASDAQ:AAPL) has amplified its shareholder value for several years with a robust share repurchase program, so much so that only 13 firms worldwide have a market capitalization higher than the shares that AAPL has bought back.

What Happened: Data shared by the Chief Market Strategist at Creative Planning, Charlie Bilello, shows that Apple has bought back $704 billion in stock over the past decade.

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