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0 pointsendisneigh2y ago0 comments

Yes - and what they’ve decided is a dividend. It’s the first in their history. I’m not saying it’s good or bad, but it’s something.

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3 comments · 1 top-level

lupire2y ago· 2 in thread

The interesting part is why they chose to issue a dividend instead of sticking only with a theoretically equivalent buyback.

IncreasePosts2y ago

Put money in Larry and sergey's pockets without them having to sell any shares?

futureshock2y ago

That’s not a terrible guess. Together they own 56% of the voting shares and maintain control of the company. A divided puts money in their pocket without needing to sell any of their class B 10x voting shares.

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