Apple Announced Its Largest-Ever Stock Buyback Under Tim Cook's Leadership. Here's Why the Size of the Repurchase Program Matters for Shareholders.

Apple CEO Tim Cook has overseen a significant shift in the company's strategy to return capital to shareholders since taking over in 2011. One of the key moves was reinstating the company's dividend in 2012 and launching a massive stock buyback program. According to research by The Motley Fool, Apple has spent more than any other company on stock buybacks over the last 10 years.

Under Cook's leadership, Apple has authorized several record-breaking share buybacks. The largest single share-repurchase authorization in history was $60 billion in fiscal 2013, although this was later raised from an initial $10 billion. In 2018, the company authorized $100 billion in buybacks, and in 2024, it authorized its largest-ever buyback of $110 billion.

Apple has used most of its authorized buybacks, and according to Yahoo Finance, the company has bought back a total of $877 billion in shares under Cook's leadership.

Brief written by urgent.news from Motley Fool, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.