Saw this news on linkedin, how will it affect share price? Cisco to bring back $67B after tax law Cisco announced that it will bring $67 billion back to the US, reports The Wall Street Journal. The tech giant will bring home its foreign cash holdings this quarter, after benefitting from the new tax law introduced by the Trump administration. Cisco says it plans to spend much of the newly repatriated cash on share buybacks and dividends. Cisco on Wednesday reported better-than-expected earnings for its second quarter, finally reversing a two-year revenue decline, said Business Insider. Similarly, Apple announced last month that it would bring back most of its $252.3 billion it keeps overseas back to the US, boosting spending and creating more than 20,000 jobs, per the Journal.