Billionaire investor Carl Icahn revealed on Twitter that he is planning a dinner in September to discuss the magnitude of Apple’s buyback plan.
Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude.
Icahn recently revealed a large position in Apple and said the company is ‘extremely undervalued’ pushing the company’s stock up.
During Apple’s April 23rd conference call the company revealed that its share buyback program had been increased to $60 billion.