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.
Is UBER Stock a Buy Post the $1.5B Accelerated Share Buyback Launch?
Shares of Uber Technologies UBER gained 2.7% on Jan. 6, closing the trading session at $66.31. The uptick followed a significant move by the company to return value to its shareholders. UBER announced that it would start an accelerated $1.
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 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 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 Sets $1.5 Billion Accelerated Stock Buyback
Uber Technologies has signed a $1.5 billion accelerated share-repurchase agreement with Bank of America. Uber on Monday said it expects an initial delivery of nearly 18.6 million shares, or around 80% of the shares covered by the deal,
Uber Stock Gains On $1.5 Billion Accelerated Stock Buyback. CFO Says Uber 'Undervalued.'
Uber stock jumped Monday morning after the ride-hail giant announced a $1.5 billion accelerated share repurchase agreement.
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.
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