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Apple CEO Tim Cook gives up $75 mn in stock dividends
Kaushik Basu, chief economic adviser to the finance ministry, on Friday said that volatility in the movement of the rupee against the dollar was expected to continue. However, he cautioned that the government does not have "too many options to control rup
25 May 2012, 08:58 PM IST 
Former Olympus president and chief executive Michael Woodford.
Apple says chief executive Tim Cook is giving up $75 million in dividends on restricted stock.In a filing with the Securities and Exchange Commission on Thursday, Apple says Cook requested that his restricted stock units not receive dividends.Assuming that the company pays dividends of $2.65 over the vesting period of Cook's shares, the company says he will give up about $75 million in value.Cook's total compensation was valued at $3...
