The company boosted its quarterly dividend and alloted more cash to buybacks, announcing plans to borrow funds for what it called the largest share-repurchase program in history. Apple will have returned $100 billion, including past buybacks and dividends, through 2015, the Cupertino, California-based company said yesterday in a statement.
Despite the intangible in its name, the levy applies broadly to income.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
John Ring would replace Philip Miscimarra, a former Morgan Lewis partner in Chicago who had been a key vote for business interests during his term on the Obama-era board.
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