MasterCard (MA) Approves $2B Buyback Plan

February 5, 2013 8:03 AM EST
MasterCard (NYSE: MA) pproved a new share repurchase program authorizing the company to repurchase up to $2 billion of its Class A common stock.

The new share repurchase program will become effective at the completion of the company’s previously announced $1.5 billion share repurchase program. As of January 25, 2013, the company had approximately $440 million remaining under the current program authorization.

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