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Alphabet said Thursday that it’s issuing a 20-cent per share dividend, the company’s first ever, and that its board authorized the repurchase of up to $70 billion in stock.
T-Mobile stock climbed 4% on Thursday afternoon following the dividend announcement. "In 2021, we laid out an aspiration that was big and bold that we saw up to $60 billion in shareholder returns ...
Stock of Stellantis (NYSE: STLA), one of the Big Three automakers by virtue of its ownership of Chrysler, Dodge, and Jeep, slid 7.2% through 12:15 p.m. ET Thursday after the company reported a big ...
Google parent Alphabet's (GOOG, GOOGL) market cap surpassed $2 trillion on Friday following standout quarterly results that beat revenue and earnings estimates and the announcement of a cash ...
The most common share repurchase method in the United States is the open-market stock repurchase, representing almost 95% of all repurchases. A firm will announce that it will repurchase some shares in the open market from time to time as market conditions dictate and maintains the option of deciding whether, when, and how much to repurchase.
A prominent example of a special dividend was the $3 dividend announced by Microsoft in 2004, to partially relieve its balance sheet of a large cash balance. [1] A more recent example of a special dividend is the $1 dividend announced by SAIC (U.S. company) in 2013, just prior to it splitting off its solutions business into a new company named ...