Thursday, October 17, 2013

Warren Buffett Supports Apple's Stock Buyback Plan As Is

Although he doesn't own Apple stock, Berkshire Hathaway’s Warren Buffett says he supports Apple's buyback plan and wouldn't push for a larger share buyback, unlike investor Carl Icahn.


AllThingsD reports that in an interview with CNBC, Buffet said he supported Apple's handling of the situation. Icahn has been pushing for Apple to raise the buyback to $150 billion, well above the $60 billion currently planned.
More at iHash.eu

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