% | $
Quotes you view appear here for quick access.

Apple Inc. Message Board

  • drshowme drshowme Feb 7, 2014 7:29 PM Flag

    Shareholders advised to reject Icahn


    SAN FRANCISCO (Reuters) - Proxy advisory firm Egan-Jones advised Apple Inc shareholders on Friday to reject activist investor Carl Icahn's demand that the iPhone maker expand its stock buyback program, a proposal that will be put to a vote this month.

    "The board and management team have demonstrated a strong commitment to returning capital to shareholders over the past two years," the firm, the smallest of the three major proxy advisory outfits, said in a report obtained by Reuters on Friday.
    My proxies already voted against.

    Sentiment: Buy

100.35-0.06(-0.06%)May 27 4:00 PMEDT