Meta Announces $40 Billion Stock Buyback, Fueling 20% Value Surge
The Mark Zuckerberg-helmed Facebook-parent company, Meta, has executed a $40 billion stock buyback that has equated to a 20% increase in value. The news comes just as Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2025 the . But the company’s stock soared in extended trading, as its revenue beat Wall Street’s muted expectations and the Menlo Park, California-based company announced a $40 billion share repurchase authorization.
Meta shares closed 17.6 per cent higher on Thursday. The gain added almost $88bn to its market value, according to Bloomberg data, largely reversing the $89bn hit. Facebook owner Meta Platforms (META) provided the tonic investors needed with its fourth-quarter results by vowing to make 2025 a year of efficiency for the . The parent company of WhatsApp, Facebook and Instagram has also decided to cut its cost forecasts for this year by $5 billion and, wallet in hand, has decided to buy back shares.
Meta Platforms said in its quarterly earnings statement on Wednesday that it has increased its share repurchase authorization by $40 billion. In 2025 the . This significant move signals confidence in Meta's future and commitment to shareholder value. Learn more about the factors driving Meta's stock increase and its plans for long-term growth.