GOOGLE PARENT ALPHABET OKS $70 BILLION STOCK BUYBACK

Alphabet’s board authorized repurchasing up to $70 billion of Class A and Class C shares after posting first‑quarter profit of $2.81 per share on revenue of $90.23 billion, according to Reuters, boosting market value by roughly $75 billion. google, alphabet, share buyback, $70 billion, stock repurchase, investors,

The company pointed to ad revenue growth of 8.5 percent to $66.89 billion and reaffirmed its AI‑driven capex guidance of $75 billion for 2025, underscoring confidence in search and cloud demand even amid macro headwinds, per Reuters. ai investments, ad revenue, q1 earnings, dividend, capital expenditure,

Shares traded near $164 in early Monday action, extending a year‑to‑date gain of more than 12 percent as analysts praised Alphabet’s capital‑return cadence—mirroring identical $70 billion buybacks in 2023 and 2024—while noting the stock’s 17× forward P/E still trails Microsoft and Meta. stock price, valuation, market reaction, tech sector.

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BitcoinVersus.tech (@bitcoinversus.bsky.social) 2025-01-17T18:23:17.472Z

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One response to “GOOGLE PARENT ALPHABET OKS $70 BILLION STOCK BUYBACK”

  1. […] Google has committed early‑stage capital to support Elementl Power in developing three advanced nuclear energy projects across the U.S., each designed to deliver at least 600 megawatts of continuous power. […]

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