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Icahn plans dinner tete-a-tete with Apple's Cook on buyback size

In April, the company bowed to Wall Street pressure and said it would return USD100 billion to shareholders by the end of 2015.

Bigger buybacks can drive Apple shares to $700: Icahn

The surprise revelation from the billionaire activist caused a stir on Wall Street and pushed Apple's stock almost 5 percent higher to close at a 7-month high of USD489.57 on the Nasdaq on Tuesday.