Apple’s new $100 billion share buyback is the second-largest in history

Apple on Thursday announced a $100 billion share repurchase program, marking it as the second-largest buyback in U.S. corporate history, surpassed only by its own $110 billion plan in 2024. This massive initiative, authorized by Apple’s board, underscores the company’s confidence in its long-term value and robust cash flow, underscored with a second quarter revenue increase of 5 percent year over year.
The buyback aims to reduce outstanding shares, boosting earnings per share (EPS)