Category: Share Buyback

Amazon Announces 20-for-1 Stock Split, $10 Billion Share Buyback

March 11, 2022
AmazonannounceBusiness & EconomyBusinesses in COVID-19CompanieseconomyMarketsShare Buybackstock-splitstocksTechTech NewsUSUS News
0 Comment

Amazon.com Inc. said on Wednesday its board approved a 20-for-1 split of the e-commerce giant’s common stock and authorized a $10 billion buyback plan, sending the company’s shares up 7 percent in extended trading. This is the first stock split by Amazon since 1999 and will give investors 19 additional shares for every share they…

Read More

Gartner Tops Q4 Consensus; Boosts Share Buyback by $500 Million

February 9, 2022
Business & EconomyCompanieseconomyGartnerQ4Share Buyback
0 Comment

Gartner Inc. reported fourth-quarter FY21 revenue growth of 18 percent year-on-year on an FX-neutral basis to $1.306 billion, beating the consensus of $1.25 billion. Revenues from Research rose 16.8 percent Y/Y to $1.1 billion, and Conferences was $107 million, up 14.8 percent Y/Y. Consulting revenue grew 25.5 percent Y/Y to $118 million. Global Technology Sales Contract…

Read More