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Uber, Stock Buyback
Uber Announces $1.5 Billion Accelerated Share Repurchase Program
Uber Technologies, Inc. (NYSE: UBER) today announced that it has entered into an accelerated share repurchase ("ASR") agreement with Bank of America, N.A. (the "dealer") to repurchase $1.5 billion of shares of Uber common stock,
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 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 Stock Rises on Accelerated $1.5 Billion Buyback Plan
Key Takeaways Uber shares rose Monday morning after the company said it is starting an accelerated stock buyback program.The $1.5 billion plan is part of the $7 billion buyback program Uber announced in February 2024.
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.
16h
on MSN
How Uber and Lyft Are Gearing Up for the Robotaxi Revolution
After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering ...
6h
on MSN
Uber And Lyft Will Roll Out Robotaxis This Year. But There’s A Problem
Uber and Lyft are preparing to deploy robotaxis this year in select U.S. cities. New app features will allow users to use ...
11d
on MSN
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 ...
12d
on MSN
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.
12d
Lyft Sues San Francisco Over $100 Million Tax Bill, Says Payments To Drivers By Passengers Misclassified
Lyft filed a lawsuit against San Francisco, accusing the city of overcharging the ride-hailing services company by $100 ...
12d
Uber: Why I Am Greedy While Others Are Fearful
Uber shares offer an attractive investment opportunity, following a nearly 30% decline from their all-time highs in ...
Courthouse News Service
5d
Federal judge nixes Uber’s challenge to Seattle deactivation ordinance
Seattle's ordinance imposing rules around how and why an app-based worker can be fired will go into effect in the new year, ...
3d
Uber’s Strong Growth Prospects and Attractive Valuation Justify Buy Rating
Mizuho Securities analyst James Lee has maintained their bullish stance on UBER stock, giving a Buy rating on December 26.Don't Miss Our New ...
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