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Interesting that they started a dividend. Facebook has been doing heavy buybacks for a while now. Wonder why they started a dividend instead of plowing more int
by HDThoreaun 3y ago
Interesting that they started a dividend. Facebook has been doing heavy buybacks for a while now. Wonder why they started a dividend instead of plowing more into buybacks. Perhaps Mark wanted some cash without selling and disliked the current interest rates? Im reading he has 350 million shares so this is a 175 mil payout for him.
- ahahahahah 3y agoThey also got approval for another $50b in buybacks. They're just using multiple avenues of getting money back to investors.