{"id":84570,"date":"2023-04-26T01:13:07","date_gmt":"2023-04-26T05:13:07","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84570"},"modified":"2023-04-26T00:50:40","modified_gmt":"2023-04-26T04:50:40","slug":"alphabet-authorizes-70-billion-buyback","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2023\/alphabet-authorizes-70-billion-buyback.html","title":{"rendered":"Alphabet authorizes $70 billion buyback"},"content":{"rendered":"\n<p>(CNBC) Google parent company <a href=\"https:\/\/www.cnbc.com\/quotes\/GOOG\/\">Alphabet<\/a> said on Tuesday that its board of directors authorized $70 billion in share repurchases. If Google ends up spending the entire amount on buybacks, it would represent a continuation of <a href=\"https:\/\/www.cnbc.com\/2022\/04\/26\/alphabet-announces-70-billion-buyback.html\">last year\u2019s pace<\/a>. Alphabet announced $70 billion in share repurchases in April 2022. Since then, Google has had to cut costs and lay off employees, citing \u201ca different economic reality\u201d <a href=\"https:\/\/www.cnbc.com\/2023\/01\/20\/google-to-lay-off-12000-people-memo-from-ceo-sundar-pichai-says.html\">and overhiring<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/04\/25\/google-authorizes-70-billion-buyback.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Google parent company Alphabet said on Tuesday that its board of directors authorized $70 billion in share repurchases. If Google ends up spending the entire amount on buybacks, it would represent a continuation of last year\u2019s pace. Alphabet announced [&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-84570","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84570","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=84570"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84570\/revisions"}],"predecessor-version":[{"id":84571,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84570\/revisions\/84571"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}