Facebook authorizes a $6B stock buyback

STANFORD, CA - JUNE 24: Facebook CEO Mark Zuckerberg speaks on a panel discussion with U.S. president Barack Obama during the 2016 Global Entrepreneurship Summit at Stanford University on June 24, 2016 in Stanford, California. President Obama joined Silicon Valley leaders on the final day of the Global Entrepreneurship Summit. (Photo by Justin Sullivan/Getty Images)& Fb at present stated it's authorizing a $6 billion inventory buyback that may go into impact within the first quarter subsequent yr. Fb in its final earnings name additionally stated that its progress would possible sluggish because of the corporate reaching its most promoting load. Whereas Fb has traditionally grown at a really quick clip, the corporate is now able that it wants to seek out further… Read More

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