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describe Apple Inc. current distribution policy. Describe the procedures Apple followed when it made the last distribution through dividend payments or through a stock repurchase.

describe Apple Inc. current distribution policy. Describe the procedures Apple followed when it made the last distribution through dividend payments or through a stock repurchase. Analyze how the last distribution impacted the company's intrinsic stock price per share. Evaluate the company's current distribution policy, i.e. discuss the advantages and disadvantages of the company's current distribution policy.

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