Apple CEO Tim Cook shared details about Apple’s start of stock buybacks, and has confirmed that Warren Buffett put Apple on the track to do so —and the “Oracle of Omaha” tried to put the company on the path years before.

Warren Buffett

Speaking to CNBC at the Berkshire Hathaway shareholder’s meeting in a broadcast interview, Cook elaborated on the time leading up to Apple’s decision to start the stock buybacks, and how we ultimately made the decision to do so at the end of 2012.

“I’d been in the CEO spot maybe a year or so, we had a growing amount of cash, we had crossed the $100 billion mark, if my memory is correct. When I don’t have experience with

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