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Apple was the biggest buyback spender among the S&P 500 this year, according to MarketWatch. Citing data from FactSet, the outlet reports the iPhone-maker has bought back more than $56 billion worth of shares from stockholders in 2014.

That’s a staggering amount, especially when you consider that the company that came in second place among buyback spenders in 2014, IBM, only spent $19.2 billion. Apple spent almost that much ($18.6 billion) during its first quarter this year.

“It showed that management was confident in its upcoming product launches and helped to put a floor into the company’s valuation during times of skepticism,” said analyst Brian Colello. Does the line “best product pipeline in 25 years” sound familiar?

Tim Cook began Apple’s buyback program in 2012, and it has grown in size ever since. Apple certainly has the cash to do it—$165 billion at the end of June—and between that and this summer’s 7-1 split, shares of AAPL have reached record highs.

Apple has set aside $100 billion for dividends and stock buybacks—some 60% of its total cash pile.


  • nonchalont

    I need to buy Apple stock.

    • pnh

      No. You needed to buy it 10 years ago.

      • nonchalont

        Lol very true!

      • Hot12345

        True on that,

  • Tommy Gumbs

    Organizations have 4 choices with what to do with excess cash.

    1. Pay an extra dividend
    2. Invest in marketable securities
    3. Purchase another firm
    4. Buy back its own stock.

    This is business. Not news. 🙂

  • Warmachine69

    Big money out big money in. It’s just like disney land :$

  • Donovan

    If they could give me like one percent of that cash. That’d be great.