Meta's quarterly profits have more than doubled, announcing its first dividend payout and $50 billion stock buybacks, from Wall Street to Lujiazui
红花少年压
发表于 2024-2-2 11:35:32
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The post market financial report released by Meta shows that the company's net profit for the fourth quarter was $14 billion, equivalent to $5.33 per share, a year-on-year increase of more than twice. As the online advertising market continues to rebound, the company's quarterly revenue increased by 25% year-on-year, the fastest growth rate since mid-2021. In addition, Meta announced that it will distribute a quarterly dividend of 50 cents per share to shareholders registered before the close of February 22 on March 26, marking its first quarterly dividend in history. The company also announced a $50 billion stock repurchase plan.
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Disclaimer: The views expressed in this article are those of the author only, this article does not represent the position of CandyLake.com, and does not constitute advice, please treat with caution.
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