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Meta Platforms (META) Increases Share Buyback by $50B

February 1, 2024 4:09 PM

Meta Platforms (NASDAQ: META):
We repurchased $6.32 billion and $20.03 billion of our Class A common stock in the fourth quarter and full year 2023, respectively. As of December 31, 2023, we had $30.93 billion available and authorized for repurchases. We also announced a $50 billion increase in our share repurchase authorization today.

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