The Traderszone Network

Published in TZ Latest News 24 November, 2016 by The TZ Newswire Staff

What Investors Need to Know About Facebook’s Stock Buyback

Facebook Hq
Image source: Facebook.

On Facebook‘s (NASDAQ: FB) third-quarter earnings call in early November, CFO Dave Wehner told analysts 2017 would be a year of “aggressive investment.” But apparently there’s still room in the budget for a potential $6 billion in share buybacks, which the company’s board approved on Nov. 18.

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