Icahn Backs Off Apple Share Buyback Proposal

Now watching

Next video starts in : 7 Play

Icahn Backs Off Apple Share Buyback Proposal

Icahn Backs Off Apple Share Buyback Proposal
Replay video
Up next

Adulthood Starts at 29?

Unlock your personal NFL Now stream by signing in to NFL.com

Icahn Backs Off Apple Share Buyback Proposal

by Wochit 0:47 mins

Icahn Backs Off Apple Share Buyback Proposal

by Wochit 0:47 mins

Activist investor Carl Icahn is backing off his proposal for a larger share buyback plan from Apple. In a letter issued Monday , Icahn says he will no longer pursue efforts to convince the tech titan to accept a $50 billion share buyback proposal. citing Apple's recent buyback of $14 billion in shares last week. On Sunday, proxy advisor firm ISS advised shareholders to vote against Icahn's plan, reports Reuters , saying the company has already returned money to shareholders through "aggressive stock buybacks and divident payouts." Icahn owns a $3.6 billion stake in Apple.

Wochit

Must Watch

Live Nation

  1. Ben Rector - Ben Rector: Live! From Danielle’s House

  2. 0:30

    Creamfields - Afrojack 'Never Break Your Heart' #YahooLive

  3. 0:23

    Creamfields - Duke Dumont Live at Creamfields #YahooLive

  4. 0:29

    Creamfields - Fatboy Slim Wants Your Body #YahooLive

  5. 0:41

    Creamfields - Tiesto and Don Diablo Shoot 'Chemicals' Music Video #YahooLive

  6. 1:59

    Creamfields - Lee Foss Interview

Community

  1. 27:26

    Community Episode 1: Ladders

  2. 27:26

    Community Episode 2: Lawnmower Maintenance and Postnatal Care

  3. 24:40

    Community Episode 3: Basic Crisis Room Decorum

  4. 30:58

    Community Episode 4: Queer Studies and Advanced Waxing

  5. 28:45

    Community Episode 5: Laws of Robotics and Party Rights

  6. 28:13

    Community Episode 6: Basic Email Security

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless