{"id":80362,"date":"2022-01-05T01:49:40","date_gmt":"2022-01-05T06:49:40","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=80362"},"modified":"2022-01-05T01:28:44","modified_gmt":"2022-01-05T06:28:44","slug":"apples-rise-to-3-trillion-market-cap-shows-the-value-of-its-massive-share-buybacks-2","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2022\/apples-rise-to-3-trillion-market-cap-shows-the-value-of-its-massive-share-buybacks-2.html","title":{"rendered":"Apple\u2019s rise to $3 trillion market cap shows the value of its massive share buybacks"},"content":{"rendered":"\n<p>(CNBC)  <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AAPL\" target=\"_blank\">Apple<\/a> capped off a stunning rise on Monday when it briefly became the first company to <a href=\"https:\/\/www.cnbc.com\/2022\/01\/03\/apple-becomes-first-us-company-to-reach-3-trillion-market-cap.html\">touch a $3 trillion market value<\/a> before closing the day just short of the mark. The relentless rise of Apple\u2019s stock speaks to the power of Apple\u2019s capital return program. In recent years Apple has been <a href=\"https:\/\/www.cnbc.com\/2021\/12\/30\/buybacks-are-poised-for-a-record-year-but-who-do-they-help.html\">the biggest repurchaser of its own shares<\/a> in the S&amp;P 500 by far. Apple spent $85.5 billion to repurchase shares and $14.5 billion on dividends in its fiscal 2021, which ended in September.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/01\/03\/apples-3-trillion-market-cap-shows-value-of-share-buybacks-dividend.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Apple capped off a stunning rise on Monday when it briefly became the first company to touch a $3 trillion market value before closing the day just short of the mark. The relentless rise of Apple\u2019s stock speaks to [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80362","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=80362"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80362\/revisions"}],"predecessor-version":[{"id":80363,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/80362\/revisions\/80363"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=80362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=80362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=80362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}