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Alphabet authorizes $70 billion stock buyback and first-ever dividend

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Yahoo Finance

In a historic move, Alphabet Inc. (GOOG, GOOGL) has announced it's firstever $70 billion share repurchase program and quarterly dividend. The dividend, set at $0.20 per share, will be distributed to eligible shareholders on June 17, 2024.
Yahoo Finance's Julie Hyman breaks down the details.
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