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Appleâs Board of Directors has authorized a $140 billion share repurchase program that is expected to be completed by the end of March 2017.
The adjusting closing prices depict the effects of corporate actions on a stock's prices. For example, on June 6, 2014, Apple's closing price was $645.57, but the stock was undergoing a stock split. Therefore, the adjusted closing price was $88.82 on the trading day prior to its seven-for-one stock split.