Meta Shares Surge As Facebook’s Parent Company Announces First Ever Dividend ...Middle East

Meta, the parent company of social media giant Facebook, is thriving financially, according to its 2023 fourth quarter earning results. The company will pay shareholders dividends of $0.50 per share, and announced a $50 billion share buyback program that is also expected to benefit investors. Zuckerberg, who owns approximately $350 million in Meta shares, is expected to receive an additional $175 million in dividends this quarter thanks to the new policy. If Meta continues to pay quarterly dividends at the same rate, Zuckerberg could gain an additional $700 million per year. His net worth is currently estimated to be around $139 billion.  [time-brightcove not-tgx=”true”] The anno

Hence then, the article about meta shares surge as facebook s parent company announces first ever dividend was published today ( Friday 02/02/2024 - 04:45 PM ) and is available on Time ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Meta Shares Surge As Facebook’s Parent Company Announces First Ever Dividend )

Also on site :

• White House Mocks Kesha Over Singer’s Outrage About “Disgusting” Use Of Song In Military Posting; She Responds: “Stop Using My Music, Perverts”
• Cursor has reportedly surpassed $2B in annualized revenue
• Shareholder Alert: The Ademi Firm investigates whether Select Medical Holdings Corporation is obtaining a Fair Price for its Public Shareholders