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Alphabet authorizes $70 billion stock buyback also first-ever dividend

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Alphabet authorizes $70 billion stock buyback also first-ever dividend
In a historic move, Alphabet Inc. (GOOG, GOOGL) has announced it's first-ever $70 billion share repurchase program and quarterly dividend. The dividend, set at $0.20 per share, will be distributed to eligible shareholders on June 17, 2024. Yahoo Finance's Julie Hyman breaks down the details. About Yahoo Finance: Yahoo Finance provides free stock ticker data,…