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(Reuters) -Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is ...
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.
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), the parent company of Google, beat on earnings estimates but missed on revenue. GOOG stock fell in morning trading to the lows not seen since April.
Alphabet retains Google Inc.'s stock price history and continues to trade under Google Inc.'s former ticker symbols "GOOG" and "GOOGL"; both classes of stock are components of major stock market indices such as the S&P 500 and NASDAQ-100. [20]
Alphabet's quarterly dividend of 20 cents per share will be paid June 17. ... The company's stock price soared by nearly 13% in Thursday's extended trading after the news came out.
Shares of Google parent Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) were on an upswing earlier this year. The stock rose from a 52-week low of $127.90 last December to hit a high of $191.75 in July ...
Alphabet (Google) (GOOG) Founded in 1998, Alphabet is the parent company of Google, the world’s leading search engine. It also owns YouTube, Android and invests in self-driving cars.
This helps fund share repurchases and dividend payouts. Alphabet's balance sheet is in pristine shape. As of Sept. 30, the business had $93.2 billion in cash, cash equivalents, and marketable ...