Here is the article.
In response to Icahn, Apple released a statement Thursday with an accompanying chart noting that the company has already bought back $51 billion worth of stock in recent years.
Stock buybacks serve as a way for companies to return cash through shareholders and often suggest that it believes its shares are worth more than their current price. Icahn said that to "preemptively diffuse any cynical criticism" that he just wants a short-term gain, he wouldn't sell any shares as part of a future buyback.
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