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Apple Could Have Purchased Any of 487 S&P 500 Companies -- but CEO Tim Cook Chose to Invest $853 Billion Into This Game-Changing Opportunity
The Motley Fool·
Under CEO Tim Cook's leadership since 2011, Apple has overseen approximately $853.4 billion in share buybacks, retiring over 44% of outstanding shares. Rather than pursuing major acquisitions or AI investments like competitors, Apple's aggressive buyback strategy has boosted earnings per share, enhanced investor returns (2,600%+ stock appreciation), and incentivized long-term investing. The strategy was accelerated by Trump's 2017 Tax Cuts and Jobs Act, which lowered corporate tax rates and allowed Apple to retain more earnings for repurchases.
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