Meta share price

2024 - 2 - 2

Meta Platforms Shines with Record Profits and Shareholder Rewards

Dividend - Mark Zuckerberg - Meta Platforms - Stock Market - Tech Companies

Meta Platforms, formerly known as Facebook, reports stellar earnings, declares first dividend, and announces massive share repurchase program.

Meta Platforms, formerly known as Facebook, impressed investors with its Q4 results that surpassed expectations. The company not only declared its first dividend of 50 cents per share but also authorized an additional $50 billion in share repurchases, boosting shareholder confidence. Mark Zuckerberg, the major shareholder, stands to gain $700 million annually from the dividend. The stock surged by 17% as investors welcomed these shareholder-friendly moves.

Additionally, Meta Platforms had its most profitable quarter and year, highlighting Zuckerberg's 'Year of Efficiency' as a driving force. The company's strategic investments in new technologies like AI have garnered positive attention from investors. The successful financial performance led to a $196 billion gain in market value, the largest one-day surge in Wall Street history.

In the tech world, Meta outshone other giants like Apple and Amazon with its strong earnings performance. The announcement of the dividend and buyback program solidified Meta's position as a promising generative AI player, elevating its status among investors. The stock's 20% jump post-earnings demonstrated the market's favorable response to Meta's financial health and future plans.

Moreover, amidst a tech rally in Asian markets following robust financial results from tech behemoths, Meta's stock surge of 14% stood out. The company's focus on rewarding shareholders while investing in innovative technologies has positioned it well for continued growth and market leadership.

Post cover
Image courtesy of "Livemint"

Meta Q4 results beat estimates, declares first dividend; shares of ... (Livemint)

Meta Platforms said the dividend would be 50 cents per share. It also announced it had authorized an additional $50 billion in share repurchases.

Post cover
Image courtesy of "Investor's Business Daily"

Meta Stock Surges As Company Beats Earnings Expectations ... (Investor's Business Daily)

Meta stock jumped late Thursday after the company reported better than expected earnings and announced plans for a dividend.

Post cover
Image courtesy of "Forbes"

Meta Earnings: Zuckerberg's 'Year Of Efficiency' Nets Greatest ... (Forbes)

Meta just tallied its most profitable quarter—and year—ever, the Facebook parent revealed in its fourth-quarter earnings report, an impressive feat ...

Post cover
Image courtesy of "Financial Times"

Meta shares jump as investors cheer dividend and $50bn buyback (Financial Times)

Facebook and Instagram parent rewards shareholders as it plans big investments on new bets, including AI.

Post cover
Image courtesy of "Reuters"

Facebook-parent Meta declares first-ever dividend (Reuters)

Meta Platforms issued its first ever dividend days ahead of flagship social network Facebook's 20th anniversary, while reporting revenue that beat ...

Apple, Amazon, and Facebook-Parent Meta Earnings Are Out (Barron's)

Meta Platforms stock rose sharply in late trading Thursday after the social media company gave a better-than-expected revenue forecast for its March quarter ...

Post cover
Image courtesy of "Business Insider"

Major Meta shareholder Zuckerberg to get $700M a year from ... (Business Insider)

Meta cofounder and CEO Mark Zuckerberg owns 350 million shares in the company that just announced a 50 cent-per-share quarterly dividend.

Post cover
Image courtesy of "Sky News"

Meta share price surges as Facebook's parent company announces ... (Sky News)

The newly announced dividend has been set at 50 cents (39p) a share, while a $50bn (£39bn) share buyback programme is set to benefit existing investors.

Post cover
Image courtesy of "CNN"

Meta stock surges 14%. Investors are loving its first-ever dividend (CNN)

Meta's “year of efficiency” paid off in a big way. And it offered a sweetener for investors, sending its stock surging.

Post cover
Image courtesy of "Aljazeera.com"

Meta, Amazon smash earnings expectations, as stock markets surge (Aljazeera.com)

Asian markets rally after US tech giants post stronger-than-expected financial results.

Post cover
Image courtesy of "CNBC"

Meta shares surge 17% after announcing first-ever dividend (CNBC)

Meta shares surged about 17% in Friday trading, after the firm tripled profits in the fourth quarter and issued its first-ever cash dividend.

Post cover
Image courtesy of "TIME"

Meta Shares Surge As Facebook's Parent Company Announces ... (TIME)

Meta, the parent company of social media giant Facebook, is thriving financially, according to its 2023 fourth quarter earning results.

Post cover
Image courtesy of "Forbes"

Tech Mania: Meta Stock Has Best Day In A Decade As Amazon ... (Forbes)

But Apple (shares down 5% this year) and Tesla (down 26%) have watched on the sidelines as their big tech peers have won over investors in 2024.

Post cover
Image courtesy of "Investopedia"

Meta Stock Soars as Company Returns Profits to Shareholders ... (Investopedia)

Meta shares rose sharply after the tech giant beat earnings estimates, announced its first-ever dividend payment and approved an additional $50 billion for ...

Post cover
Image courtesy of "Yahoo Finance"

Meta stock jumps 20% on solid earnings, stock buyback, and ... (Yahoo Finance)

Shares of Meta soared Friday, after reporting a beat on earnings and guidance, and announcing new shareholder initiatives.

Post cover
Image courtesy of "Forbes"

Why Meta Stock Tops Amazon's As A 2024 Generative AI Play (Forbes)

The Facebook and Instagram parent company said it earned $5.33 per share on sales of $40.1 billion for the December-ending quarter.

Post cover
Image courtesy of "Reuters"

Meta surges with record $196 billion gain in stock market value (Reuters)

Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook ...

Post cover
Image courtesy of "Yahoo Finance"

Meta stock jumps 20% after earnings in biggest market-cap jump in ... (Yahoo Finance)

Shares of Meta soared Friday after the company reported a beat on earnings and guidance and announced new shareholder initiatives.

Post cover
Image courtesy of "CNA"

Meta surges with record $196 billion gain in stock market value (CNA)

Meta Platforms added $196 billion in stock market value on Friday, marking the biggest one-day gain by any company in Wall Street history after the Facebook ...

Explore the last week