Google parent Alphabet announces first-ever dividend, shares soar ...Middle East

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Google parent Alphabet announces first-ever dividend, shares soar
source : Devdiscourse ( Middle East ) () 96
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buybuck, news cheered by investors who sent the stock surging more than 13% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.

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