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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MasterCard Incorporated | NYSE:MA | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.48 | 0.56% | 443.58 | 445.26 | 436.90 | 444.85 | 3,711,007 | 01:00:00 |
By Stephen Nakrosis
Mastercard Inc. (MA) on Tuesday said its board has authorized a new $8 billion share repurchase program for its Class A common stock.
The company also said it had raised its quarterly dividend by 21%, to 40 cents.
Mastercard said the new share repurchase plan would be effective when the company's current $6.5 billion repurchase program concludes. The current program has $200 million remaining under its authorization, the company said.
The company has a market cap of $294.7 billion, 1 billion shares outstanding and a public float of 884.51 million. Shares ended Tuesday's trading with a 0.22% gain, to close at $287.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 03, 2019 17:06 ET (22:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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