Apple announced a $100 billion share repurchase program, the second-largest in U.S. corporate history, following its own $110 billion plan in 2024.
The buyback aims to reduce outstanding shares, boost earnings per share (EPS), and potentially lift stock prices, with Apple having a history of aggressive buybacks totaling $650 billion since 2012.
The $100 billion buyback complements Apple's $103.9 billion free cash flow, supporting buybacks, R&D, and other investments, showcasing the company's focus on shareholder value.
Apple dominates the top 10 U.S. buybacks list with several entries, reflecting its significant buyback activity and capital return strategies.