Apple Leads Field In Stock Buybacks By Large Margin
While rolling in cash with strong sales of iPhones, Apple (AAPL) repurchased $45 billion of its stock in 2014, far above second place Exxon Mobil. Apple increased its spending by 74% from the $26 billion spent the previous year. Exxon Mobil (XOM) was a distant second at $13.1 billion, among companies in the S&P 500, according to a report from S&P Dow Jones Indices. Intel (INTC) was third in stock buybacks for the year, followed by IBM (IBM). Intel