Apple expands buybacks by $30 billion, OKs seven-for-one stock split

Apr 23 2014 6:36PM EST | Source: REUTERS Technology

SAN FRANCISCO (Reuters) - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors.