• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Mastercard to buy back up to $12 billion shares

by December 17, 2024
written by December 17, 2024

(Reuters) – Mastercard (NYSE:MA) said on Tuesday that its board has approved a new share repurchase program, authorizing the company to buy back up to $12 billion of its Class A shares.

The payments processing behemoth also raised its quarterly dividend to 76 cents per share over previous dividend of 66 cents.

The company said its new share repurchase program will become effective at the completion of its previously announced $11 billion program.

As of Dec. 13, the company had about $3.9 billion remaining under the current buyback program, Mastercard said.

Shares of Mastercard inches up about 0.72% to $534.83 in after-hours trading.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
After-hours movers: MasterCard, Lamb Weston, CommScope and more
next post
CommScope stock surges on debt refinancing deal

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 6, 2025
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

      June 5, 2025
    • This California startup is cleaning water and removing CO₂ from the atmosphere — all at a reduced cost

      June 5, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (504)
    • Stock (6,426)

    Latest News

    • Procter & Gamble to cut 7,000 jobs as part of broader restructuring
    • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    Popular News

    • European shares advance as bond yields ease; soft inflation powers UK stocks
    • NatWest raises income outlook as lending growth drives profits higher

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy