said late Tuesday its board of directors authorized an 11% dividend increase and an $8 billion share buyback program. The dividend of 49 cents a share will be paid on Feb. 9 to shareholders of record as of Jan. 7, the company said. The new share repurchase program will become effective at the end of the company’s previously announced $6 billion program. Mastercard said it had about $4.4 billion remaining under the current program authorization. Shares of Mastercard rose 1% in the extended session Tuesday after ending the regular trading day down 2.5%.
Apple CEO Tim Cook praises China’s innovation, long history of cooperation on Beijing visit
The world's biggest iPhone factory, located in China and run by Foxconn, faced disruptions in 2022. That is likely to...
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