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Aker Lifts Dividend, Launches Buyback

Aker Solutions raised its dividend and launched a share-buyback, after it posted above-forecast earnings in the fourth quarter, boosted by the recent closing of a subsea joint venture. Aker Solutions raised its dividend and launched a share-buyback, after it posted above-forecast earnings in the fourth quarter, boosted by the recent closing of a subsea joint venture. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s…

Handelsbanken Lifts Dividend After Profit Beat

Handelsbanken increased its dividend payout after posting a forecast-beating fourth-quarter profit, although net interest income fell slightly short of expectations. Handelsbanken increased its dividend payout after posting a forecast-beating fourth-quarter profit, although net interest income fell slightly short of expectations. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to…

quess: Quess reports 8% growth in Q3 revenues on back of tech solutions business

Business services provider Quess Corp on Friday announced that it earned revenues of Rs 4842 crore during the December quarter with a year-on-year (YoY) growth of 8% and a net profit of Rs 84 crore with a YoY growth of 162%.The company, in a press release, said it has recorded a robust Ebitda of Rs 181 crore, a jump by 24% YoY. The board approved an interim dividend of Rs 4 per share for the current fiscal year.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM LucknowIIML Executive

Meta: Meta adds over $200 billion in value as job cuts and dividend pay off

Meta added over $200 billion in stock market value and its share price was on track for the biggest one-day percentage jump in a year on Friday after the Facebook parent's first dividend declaration and robust results.Days ahead of Facebook's 20th anniversary, Meta authorized an additional $50 billion in share repurchases and said its quarterly dividend would be 50 cents per share.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIndian

Zuckerberg gets $750 million cash per year from Meta’s first-ever dividend

Last updated: February 2nd, 2024 at 10:25 UTC+01:00 Meta (Facebook) co-founder and CEO Mark Zuckerberg ranks as the world's fifth richest person with a net worth of over $140 billion. He's not sitting on $140 billion in cold, hard cash. His 13% stake in Meta accounts for the vast majority of his net worth, but that stake will soon get him over $750 million in cash per year. His company announced the first-ever cash dividend in its history during yesterday's earnings call. Meta has never paid a dividend before but it…

Meta announces its first ever dividend, sending the stock soaring

Meta, for the first time in its history, is giving money back to its investors.The company, on Thursday, said it would give a 50-cent-per-share dividend to shareholders and also announced plans for a $50 billion share buyback. That came on the heels of a solid earnings beat across the board.The company’s stock was up more than 14% in after-hours trading.Meta reported earnings per share of $5.33 in the fourth quarter of 2023, well above the $4.96 that analysts were expecting. (For historical perspective, the company…

Wipro Q3 Results: Consolidated PAT drops 12% YoY to Rs 2,694 crore; Re 1/share interim dividend announced

MUMBAI - Wipro Ltd reported disappointing numbers for the quarter ended December, with the consolidated net profit declining nearly 12% year-on-year (YoY) to Rs 2,694 crore. The consolidated revenue dropped 4.4% to Rs 22,205 crore. Both the bottomline and the topline were largely on expected lines. Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIIM KozhikodeIIMK Senior Management ProgrammeVisitIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIM…

cognizant: Cognizant gets HC relief in Rs 9,403 crore dividend distribution tax case

Madras High Court has stayed the tax demand of Rs 9,403.09 crore against tech giant Cognizant Technology in case of its share buy buyback of Rs 19,000 crore, subject to payment of Rs 1,500 crore.A bench of Justices Mohammed Shaffiq and R Mahadevan has directed Cognizant Technology to pay Rs 1,500 crore within a period of four weeks and directed tax department to release title deeds pertaining to the property and remaining fixed deposits lying in the banks on the payment and deposit.Elevate Your Tech Prowess with…

GM initiates buyback, increases dividend and reinstates 2023 guidance

Mary Barra, Chair and CEO of the General Motors Company (GM), speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | AFP | Getty ImagesGeneral Motors is seeking to regain Wall Street's confidence leading into 2024 with several investor-focused initiatives Wednesday following a tumultuous year of labor strikes and setbacks in its plans for electric and autonomous vehicles.The Detroit automaker plans to increase its quarterly dividend next year by 33% to 12…