Apple plans to buy back an additional $30 billion of its stock, raise its quarterly dividend by 8 percent and split its stock for the first time in nine years.
Google has settled a shareholder lawsuit to clear the way for a long-delayed split of the Internet search leader’s stock.
The online search leader said it’s issuing a new class of stock to shareholders, but the new shares won’t have any voting power. All current stockholders will get shares in the new Class C stock.
Facebook, the world’s largest online social network, said Friday it is splitting its shares five for one, so that it can give larger stock grants to current and prospective employees.