Apple CEO Tim Cook speaks at Apple headquarters in Cupertino, California October 4, 2011.
Credit: Reuters/Robert Galbraith
CUPERTINO, California |
(Reuters) - Apple Inc on Thursday adopted a measure long desired by investors and corporate governance activists, granting its shareholders a bigger say in the appointment of directors to the board of the world's most valuable technology company.
Chief Executive Tim Cook also repeated that he has been "thinking very deeply" about investors' demands that the consumer electronics company return some of its $98 billion in cash and securities to shareholders via a dividend.
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