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General

Facebook increases share buyback programme by USD 9 bln

Monday 10 December 2018 | 09:16 CET | News
Facebook has again upped its share buyback programme by USD 9 billion, the Wall Street Journal reported, citing a securities filing. The company approved its current plan in 2017, for share buybacks of up to USD 15 billion, with no expiration date. It then gave a boost of USD 9 billion in April, not long after the Cambridge Analytica scandal started.

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Categories: General
Companies: Facebook
Countries: World
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