Carl Icahn Plans Dinner With Tim Cook to Discuss Magnitude of Buyback Plan

Posted August 22, 2013 at 7:35pm by iClarified | Please help us and submit a translation by clicking here | 5315 views

Billionaire investor Carl Icahn revealed on Twitter that he is planning a dinner in September to discuss the magnitude of Apple's buyback plan.

Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude.

Icahn recently revealed a large position in Apple and said the company is 'extremely undervalued' pushing the company's stock up.

During Apple's April 23rd conference call the company revealed that its share buyback program had been increased to $60 billion.

Read More [via Tony]


Share
Add Comment
ISMAEL SANTOS - August 23, 2013 at 12:22pm
STEVE. PLEASE TELL ME. ARE YOU MY FATHER?!? I THINK THAT. BECAUSE OF OUR SIMILAR. WRITING STYLE YOU MUST BE. PLEASE FAX ME YOUR ANSWER. THANK YOU. I LOVE APPLE.
The Voice Of Reason - August 22, 2013 at 9:44pm
The ONLY reason a "billionaire investor" would have a Twitter account and comment on anything ever is to influence a situation to his own financial advantage.
Follow iClarified
Apple to Launch iOS 8 and OS X Yosemite Separately?
Apple will reportedly launch iOS 8 and OS X Y...
Leaked Photos of iPhone 6 Lightning Port Assembly, Rear Shell?
Photos have leaked that allegedly show the Li...
Cyberduck 4.5 Released for Mac OS X
Cyberduck, a popular FTP client for Mac, has ...
Dropbox App is Updated With Animated GIF Support, Performance Improvements
Highlights From Apple's Q3 2014 Financial Results Conference Call
Here are the highlights from Apple's Q3 2014 ...