#stock buyback

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alphabet
New York Post
3 weeks ago
Tech industry

Google's parent announces first-ever dividend, sending shares soaring: 'Breath of fresh air'

Alphabet's first dividend and stock buyback boosted stock value by 16%.
Alphabet's strategic move includes dividend payouts, buybacks, and focus on AI technology. [ more ]
Deadline
3 weeks ago
Tech industry

YouTube Q1 Ad Sales Top $8 Billion As Parent Alphabet Declares First Ever Dividend, Shares Pop

Alphabet surpassed revenue expectations driven by ad growth and announced its first dividend.
Alphabet recorded significant increases in advertising revenue from Google Search and YouTube ads.
The company authorized a buyback of up to $70 billion in shares. [ more ]
Investing.com
3 weeks ago
Business intelligence

Google parent Alphabet announces first-ever dividend, shares soar By Reuters

Alphabet announced first-ever dividend and stock buyback, driving stock up 16%, focusing on AI investment and beating expectations in sales and profit. [ more ]
morealphabet
Theregister
2 weeks ago
Tech industry

Apple sales slip, but investors offered giant buyback

Apple announced a $110 billion stock buyback plan, alongside Q2 2024 results showing mixed performance across different markets. [ more ]
The Globe and Mail
2 months ago
Artificial intelligence

Zoom tops quarterly estimates on strong product demand, announces share buyback

Zoom reports better-than-expected quarterly results with a focus on AI integration and portfolio diversification.
Zoom authorizes a $1.5 billion stock buyback, forecasts revenue below analyst estimates for fiscal year 2025. [ more ]
Chicago Tribune
5 months ago
Business

Autoworker strike cost General Motors $1.1 billion

General Motors experienced a $1.1 billion hit in pretax earnings due to a strike by autoworkers.
GM plans to buy back $10 billion worth of stock and increase its dividend by one-third in January.
The company expects to generate more cash for the full year by cutting capital spending and slowing down spending on electric vehicles and its autonomous vehicle unit. [ more ]
Chicago Tribune
5 months ago
Business

Autoworker strike cost General Motors $1.1 billion

GM expects to absorb increased labor costs and still have enough left to buy back stock worth nearly one quarter of the company's market value.
GM plans to cut capital spending, including a slowdown in spending on electric vehicles and its troubled autonomous vehicle unit, Cruise. [ more ]
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