Posted Dec. 4, 2013 at 6:02 p.m.

Premium Lock Icahn plans shareholder vote pushing Apple to boost stock buyback

Published: 2013-12-04 18:02:59
Updated: 2013-12-04 18:02:59

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Activist investor Carl Icahn said he will pursue a shareholder vote to force Apple Inc. to boost its stock buyback plan, stepping up his campaign to unlock more of the cash held by the world's most valuable company. The non-binding proposal will be for less than the $150 billion he had been advocating, Icahn said in a Twitter post. He will propose a $50 billion buyback, CNBC reported....

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