Thursday 4 February 2021

Apple Just Sold $14 Billion in Bonds to Buy Back Stock. What It Means for Investors.

Apple Just Sold $14 Billion in Bonds to Buy Back Stock. What It Means for Investors.

Apple just sold $14 billion of bonds, and plans to send part of the proceeds to its shareholders. Investors may wonder why now, given the company’s giant cash reserve and a stock near record highs. But a more appropriate question might be: Why not?
Read more: https://www.barrons.com/articles/apple-just-sold-14-billion-in-bonds-to-buy-back-stock-what-it-means-for-investors-51612292590?source=Snapzu

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