Apple's board has approved a new $100 billion share buyback authorization, disclosed in an 8-K filing on April 30, 2026, extending a program that has returned over $1 trillion to shareholders. The company also raised its quarterly dividend 4% to $0.27 per share. The move follows a record March quarter with revenue of $111.18 billion, up 16.6% year over year, and diluted earnings per share of $2.01, beating consensus for an eighth straight quarter. Services revenue hit an all-time high of $30.98 billion, while iPhone revenue reached $56.99 billion, and every geographic segment posted double-digit growth, including Greater China at $20.5 billion. Apple ended the quarter with a net cash position of $62 billion, and shares have risen 13.84% from the filing date to close at $308.63 on July 2, 2026, giving a market capitalization of $4.53 trillion.
Apple Inc.Apple approved a $100B buyback and raised dividend after record March quarter earnings.
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