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Non-Tech : Mastercard

MA 551.51

-0.3%

Nov 7 9:30 AM EST

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From: Sr K	12/10/2013 5:50:23 PM
	of 153

blogs.marketwatch.com The leading contender for the next $1,000 stock on the S&P 500 Index just dropped out of the race. Late Tuesday, MasterCard Inc. announced it was initiating a 10-for-1 stock split, along with an 83% dividend hike and a $3.5 billion stock buyback plan. With the split slated for Jan. 9, it’s unlikely MasterCard will even make a token appearance as a $1,000 stock after closing at $763.61 Tuesday, even though shares were up nearly 3% at $784 in after-hours activity.

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