04:39 PM EST, 12/09/2025 (MT Newswires) -- Mastercard ( MA ) said late Tuesday its board of directors approved a new share buyback program and raised its quarterly dividend.

The board approved a new $14 billion class A share repurchase program, which will begin once the company completes its previous $12 billion program. As of Dec. 5, about $4.2 billion remained under the current authorization, Mastercard ( MA ) said.

The dividend of $0.87 a share, up from the previous $0.76, is payable Feb. 9, 2026 to holders of record Jan. 9, 2026.