Uber To Buyback $1.5 Bln Of Shares

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 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 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,
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 Stock Gains On $1.5 Billion Accelerated Stock Buyback. CFO Says Uber 'Undervalued.'
Uber Technologies stock gained Monday after the ride-hail and food-delivery giant announced an accelerated share repurchase agreement. The company will buy $1.5 billion shares of Uber common stock through an agreement with Bank of America,
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.

Lyft, Uber

Lyft says San Francisco overcharged it $100 million in taxes, according to lawsuit
In a lawsuit, Lyft accused San Francisco of improperly calculating the company's taxes by including driver compensation in ...
Uber Shares Edge Higher on AI Autonomous Driving Deal with Nvidia
Shares of Uber Technologies rose a day after the ride-hailing company said it is partnering with Nvidia to develop AI-powered autonomous driving technology. The stock was up 2.9% to $68.21 in ...
Lyft has sued San Francisco, accusing it of overcharging $100 million in taxes
Lyft considers drivers as customers and not employees, the company said in a state court complaint.
Lyft says San Francisco overcharged it $100M in taxes
Lyft is suing the city of San Francisco, claiming the city unfairly charged the rideshare company over $100 million in taxes.
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Uber: Robotaxis Are Not An Immediate Threat
This data has been disputed though, with Uber suggesting that its ridehailing gross booking growth rate in San Francisco has been consistent in recent quarters and is still above the US average.