Alphabet issues first ever dividend, $70 billion buyback [MSNBC.com]
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: MSNBC.com
April 25, 2024, 9:25 PM UTC/ Source : .comByRohan Goswami, Alphabetsaid ThursdayThe company’s move comes after Meta’s board authorized its first ever dividend in February. Google’s parent company had $108 billion in cash and marketable securities on hand as of March 31, 2024.Shares shot up 15% in after hours trading. The news was announced alongside better-than-expectedfirst-quarter earningsauthorized an identically sized repurchaseMore from The dividend is payable to all class of shares, including super-voting Class B shareholders, as well as nonvoting Class C shareholders. Most Google investors own the company through Class A shares. All shareholders of record as of June 10 will receive the dividend the same month.Co-founder Sergey Brin, who owns more than 730 million Class B and C shares, will receive a $146 million payout. Co-founder Larry Page, who owns 389 million Class B shares, will get a dividend payment of $78 million.Investors have bee
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GOOG
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- 4/25/24 - Beat
GOOG
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- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- GOOG's page on the SEC website