Reginal Thomas
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Reginal Thomas in reginal thomas,

Carl Icahn Lobbying For A $50 Billion Stock Buyback From Apple

Guru Investor Carl Icahn is working on a shareholder vote to force Apple Inc. to raise its stock buyback plan, as part of his bigger plot to get more cash out of the world's most valuable company. The non binding proposal is for less than the initial $150 billion he was advocating for before. Instead Icahn will propose a $50 billion buyback.