{"id":81369,"date":"2022-04-27T00:09:49","date_gmt":"2022-04-27T04:09:49","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81369"},"modified":"2022-04-26T23:53:55","modified_gmt":"2022-04-27T03:53:55","slug":"alphabet-announces-70-billion-buyback","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/alphabet-announces-70-billion-buyback.html","title":{"rendered":"Alphabet announces $70 billion buyback"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/GOOGL\" target=\"_blank\">Alphabet<\/a> said on Tuesday that its board of directors <a rel=\"noreferrer noopener\" href=\"https:\/\/abc.xyz\/investor\/static\/pdf\/2022Q1_alphabet_earnings_release.pdf\" target=\"_blank\">authorized<\/a> $70 billion in share repurchases, a major step up from <a rel=\"noreferrer noopener\" href=\"https:\/\/www.reuters.com\/technology\/google-parent-alphabet-beats-sales-estimates-ad-spending-soars-2021-04-27\/\" target=\"_blank\">last year\u2019s authorization of $50 billion<\/a> and authorization of $25 billion in 2019. The announcement on Tuesday is a significant acceleration in the Google parent company\u2019s strategy to return capital to shareholders through share buybacks.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/26\/alphabet-announces-70-billion-buyback.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases, a major step up from last year\u2019s authorization of $50 billion and authorization of $25 billion in 2019. The announcement on Tuesday is a [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81369","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81369","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81369"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81369\/revisions"}],"predecessor-version":[{"id":81370,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81369\/revisions\/81370"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}