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Mastercard reported strong earnings and increased its dividend and share buyback plan, boosting its stock appeal.
Mastercard reported strong earnings, beating expectations with EPS of $3.89 and a 12.8% revenue increase to $7.37 billion.
The company increased its quarterly dividend to $0.76 and approved a $12 billion share buyback plan.
Several institutional investors have increased their stakes in the company, and analysts have given positive outlooks with price targets ranging up to $610.
Institutional investors now own 97.28% of Mastercard's stock.
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Mastercard reportó sólidas ganancias y aumentó su plan de recompra de dividendos y acciones, impulsando su atractivo bursátil.