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Apple CEO downplays special dividend, says he’s ‘not really a fan’ at shareholder meeting

BusinessBy adminFebruary 14, 2018Leave a comment

[ad_1] Apple Inc Chief Executive Tim Cook downplayed a suggestion that the company might issue a special dividend to shareholders with some of the US$285 billion in cash that the company is now able to bring back from overseas. At an annual shareholder meeting at Apple Park in Cupertino on Tuesday, Cook responded to a…

IBM says its CEO pay is US$33 million if approved by shareholders, but others say it’s 50% more than that

BusinessBy adminApril 25, 2017Leave a comment

[ad_1] When IBM shareholders gather on Tuesday, they’ll be asked to sign off on a US$33 million pay package for Chief Executive Officer Ginni Rometty. It’s a hefty sum for any CEO, let alone one who’s overseen five years of falling revenue and left shareholders with a total return of less than 0.1 per cent.…

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