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Why Meta's shiny new dividend and whopping $50 billion buyback plan may divide investors

Mark Zuckerberg's Meta aims to please investors with dividends and buybacks, but the likes of Warre…

Theron Mohamed   


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Salesforce joins the AI race, announces plans to acquire AI startup Tenyx

Salesforce has announced its plan to acquire Tenyx, a startup specializing in AI-powered voice agen…

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Meta's move shows share buybacks are back — and that could power stocks higher this year

Deutsche Bank expects listed companies to spend $1 trillion on stock buybacks this year in a sign t…

George Glover   


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General Motors stock surges 10% as the automaker announces $10 billion share buyback

The automaker also said it will increase its common stock dividend by 33%

Phil Rosen   


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Baidu stock whipsaws after Chinese search giant posts revenue beat and announces $5 billion stock buyback plan

The Chinese search giant jumped as much as 7% in pre-market trading, but tumbled shortly after the …

Morgan Chittum   


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Paytm share buyback at a 50% premium could support the stock in near term: JP Morgan

One97 Communications, the Paytm operator, passed a board resolution to buy back shares worth 850 cr…

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Senate Democrats propose 2% tax on stock buybacks to help fund $3.5 trillion spending plan

JPMorgan estimates that a record $1 trillion in corporate stock buybacks could be made over the nex…

Matthew Fox   


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Sharechat employees will make $19 million out of the latest ESOP plan, as growth spikes in the absence of TikTok

Mohalla Tech, the parent company of vernacular social media platform ShareChat and short video app …

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Apple has plowed over $500 billion into stock buybacks since 2012 more than Visa, JPMorgan, or Exxon are worth

Only eight companies in the S&P 500 have larger market values than Apple's outlay on share repurcha…

Theron Mohamed   


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Companies are on pace to buy back a record $1 trillion in stock this year as Russia's war in Ukraine and the Fed's planned rate hikes rattle markets

Already this year, S&P 500 companies have announced plans to buy back shares worth $238 billion — p…

Natasha Dailey   


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Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir

Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could "deliver N…

Theron Mohamed   


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All decks cleared for L&T’s share buyback as co turns debt free

L&T said in its annual report that it has become debt free after considering cash and cash equivale…

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TCS' value crosses ₹10 trillion after share price rallies more than 7% ahead of earnings

Tata Consultancy Services (TCS) market cap is at a record high with its valuation hitting ₹10.16 tr…

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Facebook-backed Meesho is the latest to roll out an ESOP buyback plan worth $5 million

Facebook-backed social e-commerce platform Meesho has rolled out an Employee Stock Ownership Plan (…

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Warren Buffett's business partner defends his virtually windowless mega-dorm - and rails against a planned tax on stock buybacks

Charlie Munger slammed SPACs, delivered an inflation warning, and suggested the US government may h…

Theron Mohamed   


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Expect bigger dividends if Joe Biden's tax on stock buybacks increases, says PepsiCo's CFO

"I expect over time, probably you'll see more money go into dividends and less money go into share …

Brian Evans   


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Lauren Boebert says Beto O'Rourke's assault weapon buyback plan 'looked like it was ripped from the pages of Mein Kampf'

Democrat Beto O'Rourke's 2019 plan to curb gun violence sounded as crazy to MAGA acolyte Lauren Boe…

Warren Rojas,Nicole Gaudiano   


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Following TCS’ lead, Wipro announces plans to buyback shares

“The outcome of the board meeting will be communicated to the stock exchanges soon after conclus…

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Data AI firm Tredence announces ESOP buyback worth ₹240 cr, 270 workers to benefit

Data science and AI solutions company Tredence on Thursday announced its largest ESOP (employee sto…

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Wipro board approves ₹9,500 crore share buyback plan

Wipro’s board of directors has approved the buyback of 237.5 million equity shares worth ₹9,500 cro…