Apple Leads Buybacks as ETFs Continue Rising
June 18, 2014 at 13:14 PM EDT
Led by iPhone maker Apple (NasdaqGS: AAPL), share repurchases by S&P 500 firms surged 59.3% year-over-year in the first quarter to $159.3 billion. That figure is up 23.1% from the fourth quarter of 2013. “For the 12 months ending March 2014, S&P 500 issues increased their buyback...