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Mastercard plans a $12 billion stock buyback and raises dividend by 15%, after beating earnings estimates.
Mastercard announced a $12 billion stock repurchase program and a 15% increase in its quarterly dividend to $0.76 per share.
The company's recent earnings beat analysts' estimates, with EPS of $3.89 and revenue of $7.37 billion.
Analysts are positive, with ratings ranging from 'overweight' to 'outperform' and target prices up to $618.
Mastercard's shares rose in after-hours trading following the announcements.
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Mastercard planea una recompra de acciones de $12 mil millones y aumenta los dividendos en un 15%, después de superar las estimaciones de ingresos.