Mastercard to buy back up to $12 billion shares
- Posted on December 18, 2024
- By Business News Today
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Mastercard to buy back up to $12 billion shares
Mastercard's board approved a new $12 billion share repurchase program, following the near completion of its previous $11 billion program. The company also increased its quarterly dividend to 76 cents per share, up from 66 cents. This announcement nudged Mastercard shares slightly higher in after-hours trading.