EBay Boosts Dividend, Expands Repurchase Authorization by $5 Billion
January 28 2020 - 4:21PM
Dow Jones News
By Josh Beckerman
EBay Inc. (EBAY) said it returned $1.1 billion to shareholders
in the fourth quarter, raised its dividend to 16 cents from 14
cents, and expanded its repurchase authorization by $5 billion.
The company reported Tuesday that fourth-quarter adjusted
earnings rose to 81 cents a share from 71 cents.
Shares fell 4.6% after hours to $34.55.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 28, 2020 17:06 ET (22:06 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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