Apple sells $ 18 billion in bonds as share buybacks rise – The Australian Financial Review

Apple sells $ 18 billion in bonds as share buybacks rise – The Australian Financial Review

The tech giant said it will use the proceeds for general corporate purposes, including repurchasing shares and paying dividends. It can also be used to finance working capital, capital spending, acquisition and debt repayment, the person said. After years of building up cash, Apple has been working hard to reduce its net cash position, largely […]
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