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Yes - and what they’ve decided is a dividend. It’s the first in their history. I’m not saying it’s good or bad, but it’s something.
by endisneigh 2y ago
Yes - and what they’ve decided is a dividend. It’s the first in their history. I’m not saying it’s good or bad, but it’s something.
- lupire 2y agoThe interesting part is why they chose to issue a dividend instead of sticking only with a theoretically equivalent buyback.
- IncreasePosts 2y agoPut money in Larry and sergey's pockets without them having to sell any shares?
- futureshock 2y agoThat’s not a terrible guess. Together they own 56% of the voting shares and maintain control of the company. A divided puts money in their pocket without needing to sell any of their class B 10x voting shares.