Activist investor Icahn to push Apple’s Cook on share buyback program
Activist investor Carl Icahn and Apple CEO Tim Cook are expected to meet on Monday, according to reports from CNBC.
Icahn is expected to push the tech boss on further acceleration of the company's share buyback programme. Icahn reportedly has a $2bn stake in Apple (although that doesn't put him in Apple's top 10 stockholders).
Apple announced a stock dividend and buyback programme in March 2012, which then got increased and accelerated that program in April this year, with an at the time record corporate bond issue.