The Traderszone Network

Published in TZ Latest News 2 December, 2016 by The TZ Newswire Staff

Is Alphabet Inc.’s Share Repurchase Program Big Enough?

When Google’s parent company, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOG), released its third-quarter results in October, the company also announced a new, more aggressive share repurchase program. Alphabet’s board of directors authorized the company to repurchase up to about $7 billion of its Class C stock. While the repurchase program is probably a good idea, is it big enough to really make a difference?

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