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…
Amazon Announces 20-for-1 Stock Split, $10 Billion Share Buyback
March 11, 2022
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Gartner Tops Q4 Consensus; Boosts Share Buyback by $500 Million
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…
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