Mastercard IncorporatedUpdated This is what tax cuts and buy backs look like.
This is what tax cuts and buy backs look like.
"Return of Capital to Shareholders
For the full year of 2018, Mastercard repurchased approximately 26.2 million shares at a cost of $4.9 billion and
paid $1.0 billion in dividends. "
"During the fourth quarter of 2018, Mastercard repurchased approximately 4.4 million shares at a cost of $888
million and paid $259 million in dividends. Quarter-to-date through January 30, the company repurchased an
additional 4.0 millionshares at a cost of$773 million, which leaves $6.0 billionremaining undercurrent repurchase
program authorizations. "
"Return of Capital to Shareholders
For the full year of 2018, Mastercard repurchased approximately 26.2 million shares at a cost of $4.9 billion and
paid $1.0 billion in dividends. "
"During the fourth quarter of 2018, Mastercard repurchased approximately 4.4 million shares at a cost of $888
million and paid $259 million in dividends. Quarter-to-date through January 30, the company repurchased an
additional 4.0 millionshares at a cost of$773 million, which leaves $6.0 billionremaining undercurrent repurchase
program authorizations. "
Note
Income was down, but revenue up in Q4 2018 vs Q4 2017, of course because of tax cuts making up for any losses.
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