Google parent Alphabet delivers first-ever dividend; shares soar [Yahoo! Finance]
Alphabet Inc. - Class C Capital Stock (GOOG)
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm
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Source: Yahoo! Finance
quarterly results, which were driven by momentum in search and plans to be even more dominant in AI. The $0.20 cash dividend will be paid June 17 to shareholders of record as of June 10 for all three classes of company shares A, B and C. The search giant also authorized $70 billion in new share repurchases. The company is sitting on $108 billion in cash. "We've had a share repurchase program for quite some time that we've been growing over the years. And we felt, as I said, that this further strengthens our overall capital return program. You know, to be clear, I've talked about the capital allocation framework for quite some time, and it does remain the same", Ruth Porat, Google President and Chief Investment Officer told FOX Business' Susan Li. Porat was most recently CFO, and a search remains underway for her replacement in that role. Shares rallied in after-hours trading, sending the market value past $2 trillion and adding to the 11% run-up this year. CEO Sundar Pichai
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GOOG
Earnings
- 4/25/24 - Beat
GOOG
Sec Filings
- 5/6/24 - Form PX14A6G
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- GOOG's page on the SEC website