SAN FRANCISCO — Billionaire investor Carl Icahn took to the Twittersphere once again on the topic of tech giant Apple, saying he's got CEO Tim Cook's ear on a buyback.
"Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude," Icahn wrote on Twitter on Thursday.
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Shares of Apple were flat in afternoon trading at $502.17.
Last week via Twitter, Icahn disclosed that he had a large stake in Apple and that he had a conversation with Cook. The activist shareholder said on the micro-blogging service he believes the company is undervalued and that he told Cook that a larger buyback should happen immediately.
Icahn's tweet of last week immediately sent Apple shares soaring nearly 6%, tacking on almost $20 billion in market capitalization for the the electronics giant.
"Spoke to Tim. Planning dinner in September. Tim believes in buyback and is doing one. What will be discussed is magnitude," Icahn wrote on Twitter on Thursday.
RELATED: Activist investors could light up summer market
Shares of Apple were flat in afternoon trading at $502.17.
Last week via Twitter, Icahn disclosed that he had a large stake in Apple and that he had a conversation with Cook. The activist shareholder said on the micro-blogging service he believes the company is undervalued and that he told Cook that a larger buyback should happen immediately.
Icahn's tweet of last week immediately sent Apple shares soaring nearly 6%, tacking on almost $20 billion in market capitalization for the the electronics giant.