Sina Technology News in August 1st, apple said on Tuesday that the June season had returned to shareholders of $20 billion in the season through stock repurchases and a record $43 billion to return to shareholders this year, helping to push its share price up to a historic high.
In the first half of 2018, the US shares repurchased in the first half of the year was higher than the market value of nearly 3/4 companies in the S & P 500 index, including Ford, dam and Twitter.
In addition, the recent stock repurchase rate disclosed by Apple quarterly is expected to help to support its stock price. The apple quarterly is better than Wall Street's expectations.
Apple said in May that it had increased its $100 billion budget for share repurchases, and its stock price had risen 16% since 2018, while the S&P 500 index had risen 5% over the same period. In addition, apple paid $3 billion 700 million in dividends in the third quarter, paying a total dividend of $6 billion 900 million in the first half of 2018.
"I think stock repurchases are the main determinant of recent price increases," said D.A. Davidson & amp; Co analyst Thomas Forte.
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