time.com
3 months agoMeta Shares Surge As Facebook's Parent Company Announces First Ever Dividend
Meta, the parent company of Facebook, is paying dividends of $0.50 per share and launching a $50 billion share buyback program, benefiting shareholders including Mark Zuckerberg.
Meta's stock price dropped in 2022 but recently reached and surpassed its previous all-time high of $379.38 per share.
Total revenue at Meta rose by 25% in Q4 2023, reaching $40.1 billion. [ more ]