checkAd

Mastercard Board of Directors Announces Quarterly Dividend and $9 Billion Share Repurchase Program

Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 57 cents per share, a 16 percent increase over the previous dividend of 49 cents per share. The cash dividend will be paid on February 9, 2023 to holders of record of its Class A common stock and Class B common stock as of January 9, 2023.

The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $9 billion of its Class A common stock.

The new share repurchase program will become effective at the completion of the company’s previously announced $8 billion program (November 2021). As of December 1, 2022, the company had approximately $4.1 billion remaining under the current approved share repurchase program.

About Mastercard (NYSE:MA)
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

Forward Looking Statements
Statements in this press release which are not historical facts are forward-looking and subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words “believe”, “expect”, “could”, “may”, “would”, “will”, “trend” and similar words are intended to identify forward-looking statements. Examples of forward-looking statements include, but are not limited to, statements relating to the manner and amount of purchases by Mastercard pursuant to its share repurchase program dependent upon price and market conditions, as well as Mastercard’s future prospects, developments and business strategies. Forward-looking statements speak only as of the date they are made, and the company undertakes no duty to update any forward-looking statements made in this press release or to conform such statements to actual results or changes in the company’s expectations.


The Mastercard Registered (A) Stock currently trades with a fall of -1,81 % to 347,4USD on the NYSE stock exchange.



0 Kommentare
Nachrichtenquelle: Business Wire (engl.)
 |  104   |   |   

Schreibe Deinen Kommentar

Disclaimer

Mastercard Board of Directors Announces Quarterly Dividend and $9 Billion Share Repurchase Program Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 57 cents per share, a 16 percent increase over the previous dividend of 49 cents per share. The cash dividend will be paid on …

Nachrichten des Autors

172 Leser
172 Leser
168 Leser
164 Leser
160 Leser
160 Leser
156 Leser
152 Leser
148 Leser
144 Leser
1720 Leser
568 Leser
456 Leser
448 Leser
416 Leser
412 Leser
396 Leser
380 Leser
376 Leser
372 Leser
3236 Leser
2100 Leser
1720 Leser
1604 Leser
1396 Leser
1188 Leser
1168 Leser
1120 Leser
1068 Leser
1028 Leser
7528 Leser
3236 Leser
3069 Leser
2934 Leser
2497 Leser
2428 Leser
2370 Leser
2169 Leser
2106 Leser
2100 Leser