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Apple does the largest buyback in the equity markets. Their derivative-based ASR is larger than the entire buyback program of many major companies.

https://s2.q4cdn.com/470004039/files/doc_financials/2021/q2/...

At $77B, that buyback program amounts to a $300m bid for Apple stock every trading day....much to the delight of executives whose compensation is tied to share price performance.

https://www.cnbc.com/2020/09/29/apple-ceo-tim-cook-receives-...




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