Apple’s Accumulated Stock Buybacks Surpass Valuations of Visa, JPMorgan, and Exxon Combined Since 2012, Exceeding $500 Billion
According to an analysis by Markets Insider, Apple’s expenditures on stock buybacks have exceeded $500 billion since 2012. The cumulative repurchases made by the iPhone maker to date surpass the total value of all but eight companies within the S&P 500 index. Warren Buffett has embraced Apple’s buyback initiatives, which have effectively increased his ownership …