Boeing Co. says it will buy back $1.5 billion to $2 billion of its shares next year, and it is boosting its dividend.
Starbucks says it may repurchase up to 25 million additional shares of its common stock. The plan reflects the Seattle based company’s strong cash flow and commitment to return value to shareholders. The move comes a day after Starbucks announced the acquisition of Teavana, which sells loose leaf teas, for $620 million.
Apple shares headed for another all-time high Monday ahead of an announcement about what the company plans to do with its enormous pile of cash.