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    HomeWorldGoogle parent announces first-ever dividend; beats on sales, profit; shares soar |...

    Google parent announces first-ever dividend; beats on sales, profit; shares soar | Reuters News Agency


    Technology

    Reuters was first to report on Google-parent Alphabet declaring its first ever quarterly dividend and announcing a massive $70 billion buyback which sent its shares to a record high when markets opened the next day. 

    Market Impact

    Alphabet’s after-hours share surge of nearly 16% following the report increased its stock market value by about $300 billion to over $2 trillion.

    Article Tags

    Topics of Interest: Technology

    Type: Reuters Best

    Sectors: Technology

    Regions: Americas

    Countries: United States

    Win Types: Speed

    Story Types: Exclusive / Scoop

    Media Types: Text

    Customer Impact: Significant National Story



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