FORTUNE -- By the time it decided in April to increase its stock buyback program five fold -- from $10 billion to $60 billion -- Apple (AAPL) already spent $1.95 billion of the original $10 billion fund and had bought and retired...
Chart of the day: Apple’s shrinking diluted share count
Buying back shares will boost EPS and save Apple $1.5 billion a year in dividends.
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