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+ - Apple to launch largest stock repurchasing plan in history->

Submitted by Anonymous Coward
An anonymous reader writes "In conjunction with its earnings report for the second quarter of 2013, Apple issued a press release announcing some major plans for its ever growing stockpile of cash. It is increasing its quarterly dividend payout to investors by 15%. What's more, the company will spend $60 billion in stock repurchases, making it in Apple's words, "the largest single share repurchase authorization in history.""
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Apple to launch largest stock repurchasing plan in history

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