Alphabet shares jump 12% on earnings beat, first-ever dividend
Summary by Ground News
Alphabet shares rallied in extended trading on Thursday after the company reported results that topped analysts’ estimates and announced its first dividend.
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Reuters
Google parent Alphabet announces first-ever dividend of 20 cents per share
Alphabet issues first ever dividend, $70 billion buyback
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.
Google parent Alphabet announces first-ever divided of 20 cents per share
:Alphabet announced its first-ever dividend of 20 cents per share on Thursday, returning capital when the Google parent is spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence.Shares of the rose nearly 13 per cent in trading after the bell.Alphabet
Google parent Alphabet announces first-ever dividend
Alphabet last night announced its first ever dividend and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell.
Google parent Alphabet's first dividend boosts shares
Google's corporate parent Alphabet has released a quarterly report showing it's still reaping double-digit revenue gains from its digital advertising empire.