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Icahn Calls For Apple Buyback

  • Time, Thursday, December 5, 2013 10:38 AM
Carl Icahn really wants Apple to redistribute its wealth, so, naturally, the famed investor is appealing directly to shareholders. “To push Apple, he now wants stockholders to vote on whether the company should spend more of its billions to buy back its own shares on the public market,” according to Time.com. “A buyback would almost certainly drive up the price of Apple’s stock -- and increase the value of Icahn’s holdings along with those of all Apple investors.”
 

Read the whole story at Time »

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