"The board and management team have demonstrated
a strong commitment to returning capital to shareholders over
the past two years," the firm, the smallest of the three major
proxy advisory outfits, said in a report obtained by Reuters on
Friday.
Icahn is waging a campaign to get Apple to return more cash to
shareholders and has filed a resolution proposing that it gives
back $50 billion more through share buybacks. That proposal will
be put to a vote at Apple's Feb 28 shareholders' meeting.
(Reporting by Edwin Chan; editing by
Bernadette Baum)
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