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Apple CEO Cook gives up $75M in stock dividends

May 26, 2012 12:52 PM

Assuming Apple pays quarterly dividends of $2.65 over the vesting period of Cook’s shares, the company said he will give up about $75 million in value.

Shares of Cupertino, Calif.-based Apple fell $5.60 to $559.72 in afternoon trading Friday. The stock has traded between $310.50 and $644 over the past year.



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