In this video from Friday's edition of Investor Beat, host Alison Southwick and Motley Fool analysts Jason Moser and James Early take a deep dive into the biggest business and investment stories from the market today.
Apple (NASDAQ:AAPL) CEO Tim Cook announced that the company repurchased $14 billion worth of shares in the last two weeks, most of which were part of the company's existing buyback program that will eventually total $60 billion. However, share buybacks are only as good as their execution, and some are timed very poorly. How did Apple do here? In the lead story on today's Investor Beat, Jason and James discuss how this could offset some employee stock awards and options, how much influence Carl Icahn had here, and why Apple shares look undervalued enough at the moment to make this a great move.
Alison Southwick has no position in any stocks mentioned. James Early has no position in any stocks mentioned. Jason Moser has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.