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MasterCard board approves new buyback program for up to $14B

The Board of Directors approved a new share repurchase program, authorizing the company to repurchase up to $14 billion of its Class A common stock. The new share repurchase program will become effective at the completion of the company’s previously announced $12 billion program (December 2024). As of December 5, 2025, the company had approximately $4.2 billion remaining under the current approved share repurchase program.

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