Apple: Actively Considering the Cash back to Shareholders

According to foreign media reports, shareholder David Eindhoven (David Einhorn) called Apple back to the shareholders in cash, apples local time Thursday issued a statement saying that the The company will continue to evaluate the way part of the $ 137 billion in cash reserves to give back to shareholders.
Eindhoven has asked Apple
to consider the issuance of preference shares to the existing shareholders as a way to cash back to shareholders.
Apple said in a statement that the company will continue to consider the idea of ​​Eindhoven. Apple even eliminate some types of preference shares scheme is successful, the company may still be the implementation of this proposal.
The Apple statement points: Apple's management and Board of Directors actively consider the problem of excess cash back to shareholders.
Apple the full text of the statement:
Early last year, Apple's cash reserves over the day-to-day operations and to maintain the level of flexibility needed to capture strategic opportunities, so we announced to back $ 45 billion to shareholders over the next three years. As of next week, we will shareholders back $ 10 billion.
We still get a lot of cash, which the previous quarter to $ 23 billion in cash flow.
Apple's management and board have been actively discussing the problem of excess cash back to shareholders. As part of the assessment, we will be a comprehensive assessment of Greenlight Capital raised the issue of some form of preference shares recommendations. We welcome Greenlight Capital and other suggestions.
Included as part of the efforts to further strengthen enterprise management and protection of the interests of shareholders, Proposition amend the company's articles of association. These recommendations Greenlight Capital proposal does not, does not affect Apple to adopt their proposals. Different Greenlight Capital Statement No. proposal does not prohibit the issuance of preference shares. Based on Apple's current Articles of Association of the Company, the Board approved the issuance of preferred shares without shareholder approval. No. proposal, shareholders will have the right to approve the issuance of preference shares. Second proposal received the support of many shareholders.