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November 18, 2016 09:47 pm GMT
Facebook today said it is authorizing a $6 billion stock buyback that will go into effect in the first quarter next year. Facebook in its last earnings call also said that its growth would likely slow as a result of the company reaching its maximum advertising load. While Facebook has historicallygrown at a very fast clip, the companyis now in a position that it needs to find additional… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/njXpqC2H_AI/
Facebook authorizes a $6B stock buyback
Facebook today said it is authorizing a $6 billion stock buyback that will go into effect in the first quarter next year. Facebook in its last earnings call also said that its growth would likely slow as a result of the company reaching its maximum advertising load. While Facebook has historicallygrown at a very fast clip, the companyis now in a position that it needs to find additional… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/njXpqC2H_AI/
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