Mr. Cook is set to gain 280,000 shares Aug. 24. The shares are tied to his continued presence as CEO. The payout will be Mr. Cook’s fifth consecutive reward at the top end of the range, granted there is no major collapse this week.
Through market close Aug. 21, Apple returned 119 percent from Aug. 25, 2015, according to Bloomberg. This includes reinvested dividends. Apple outperformed more than 80 percent of the index’s companies.
More articles on business:
Uber to pay $10M in harassment, gender discrimination settlement
Amazon’s HQ2 likely to land in this state, analysts say
Lowe’s posts $1.5B profit, plans hardware store closures affecting 4K employees
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.