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Apple has plowed over $500 billion into stock buybacks since 2012 — more than Visa, JPMorgan, or Exxon are worth
(markets.businessinsider.com)
This is a most excellent place for technology news and articles.
I can see how my reply could be interpreted that way but that was not the intention. I meant they sell stock to raise money to fund their business, expansions, etc. Not to raise money just to buy their stock back.