Uber Stock Rises on Accelerated $1.5 Billion Buyback Plan
Uber shares jumped Monday after the ridesharing company said it is starting a $1.5 billion accelerated stock buyback program as part of the $7 billion program it announced last year.
Uber Stock Jumps Following $1.5 Billion Share Repurchase Announcement
Uber's stock surged after announcing a $1.5 billion share repurchase plan, part of a broader $7 billion buyback initiative.
Uber CFO says stock is ‘undervalued;’ proceeds with $1.5B buyback
The buyback comes as the ride-hailing service aims to boost its free cash flow and refocuses on autonomous vehicles.
Uber CFO Says Stock Undervalued, Initiates $1.5 Billion Accelerated Stock Buyback
Uber (UBER) accelerates $7 billion share repurchase program, enters $1.5 billion ASR agreement with Bank of America to enhance shareholder value.
UBS Shares Rise as Exane Upgrades on Likely Buyback Increase
UBS Group AG shares rose the most in two months as analysts at BNP Paribas Exane recommended buying on expectations the Swiss lender will increase share buybacks.
Uber Sets $1.5 Billion Accelerated Stock Buyback
Uber said the accelerated buyback is part of its inaugural $7 billion repurchase unveiled last February. The company spent $701 million to buy back 10.1 million shares during the first nine months of 2024, leaving $6.3 billion available for repurchases as of Sept. 30.
Uber To Buyback $1.5 Bln Of Shares Through Accelerated Share Repurchase; Pre-Market Stock Up
Uber Technologies, Inc. (UBER) announced on Monday that it has inked an accelerated share repurchase or ASR deal with Bank of
Uber rallies after unveiling $1.5 billion accelerated share repurchase program
Uber Technologies (NYSE:UBER) rallied in early action on Tuesday after the company announced that it has entered into an accelerated share repurchase agreement to repurchase $1.5 billion of shares of common stock.
Uber Announces $1.5 Billion Accelerated Share Repurchase Program
This ASR represents a value-enhancing deployment of capital, retiring over one percent of our market cap." Under the ASR agreement, on January Uber will pay $1.5 billion to the dealer and expects to receive an initial delivery of 18,
Precision Drilling Sees Increased Share Buyback, Further Reduced Debt
Precision Drilling said it is increasing the size of its share buyback program amid plans to further reduce its debt position. The Canadian drilling rig company on Tuesday said that it returned $75 ...
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MRC Global Authorizes $125M Worth of Share Buyback Program
MRC Global Inc. MRC recently announced rewards for shareholders in the form of share buyback authorization. We believe that ...
ING Announces Cash Payment and Share Buyback in €2.5 Billion Distribution Plan
ING announced a cash payment of €0.161 per share as part of a €2.5 billion distribution to shareholders, consisting of a €500 ...
Oji Holdings Commences Significant Share Buyback Initiative
Oji Holdings ( (JP:3861) ) has provided an update.