Reuters was first to report on Google-parent Alphabet declaring its first ever quarterly dividend and announcing a massive $70 billion buyback which sent its shares to a record high when markets opened the next day.
Technology
Google parent announces first-ever dividend; beats on sales, profit; shares soar
25 April 2024, 6:55 pm 1 minute
Market Impact
Alphabet’s after-hours share surge of nearly 16% following the report increased its stock market value by about $300 billion to over $2 trillion.
Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Technology
Regions: Americas
Countries: United States
Win Types: Speed
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
