In Pictures: Top tech hoarders - 15 companies with...
NetApp has a $5.1 billion pile of cash, including total cash, cash equivalents and short-term investments. Its long-term debt is $995 million. In May of this year, the storage vendor initiated a quarterly dividend of $0.15 per share. At the same time, NetApp committed $1.6 billion to stock repurchases over the next three years (that’s in addition to the $1.4 billion that’s remaining in a prior buyback initiative).
In Pictures: Top tech hoarders - 15 companies with huge cash piles