Proxy Adviser Backs Apple In Stock Buyback Fight With Icahn
A prominent proxy advisory service has sided with Apple, recommending to its clients that they vote against a proposal by activist investor Carl Icahn that calls on the company to initiate a $50 billion stock buyback. Institutional Shareholder Services said the share repurchase proposal was unnecessary after recent stock buybacks and dividend payouts.
“Proxy Adviser Backs Apple In Stock Buyback Fight With Icahn” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.