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Companies Make Financial Moves: Mastercard, Exxon Mobil, Broadcom, and More
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This week, several companies made significant financial moves, including Mastercard, Exxon Mobil, Broadcom, MBIA, Deere, and Owens Corning. Mastercard increased its quarterly cash dividend by 15.8% and approved a new $11 billion share buyback program. Exxon Mobil announced plans to accelerate its share buyback program after the acquisition of Pioneer Natural Resources. Broadcom raised its quarterly dividend by 14.1%, and MBIA declared a special dividend. Deere and Owens Corning also increased their quarterly dividends.
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How might these financial moves affect investor sentiment towards these companies?
What impact do these dividend increases and share buyback programs have on the companies' stock prices?
What other financial strategies might companies consider in response to these developments?
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