MasterCard (MA) Announces $12 Billion Share Repurchase Program

Mastercard Incorporated (NYSE: MA) today announced that its Board of Directors has declared a quarterly cash dividend of 76 cents per share, a 15 percent increase over the previous dividend of 66 cents per share. The cash dividend will be paid on February 7, 2025 to holders of record of its Class A common stock and Class B common stock as of January 9, 2025.

The Board of Directors also approved a new share repurchase program, authorizing the company to repurchase up to $12 billion of its Class A common stock.

The new share repurchase program will become effective at the completion of the company’s previously announced $11 billion program (December 2023). As of December 13, 2024, the company had approximately $3.9 billion remaining under the current approved share repurchase program.

You May Also Be Interested In