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.
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 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 announces $1.5B accelerated share repurchase program
Uber (UBER) announced that it has entered into an accelerated share repurchase agreement with Bank of America to repurchase $1.5B of shares of
Uber Launches $1.5B Accelerated Buyback Amid 20% Revenue Surge
Uber has initiated a $1.5 billion accelerated share repurchase as part of a $7 billion buyback plan to enhance shareholder value, supported by a 20% revenue increase in Q3 2024.
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 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’s beaten-down stock is now riding higher, and these two factors explain why
Separately, Wedbush analysts added the stock to their Best Ideas List, arguing the risk/reward is more attractive with the ...
Uber, Lyft Stocks Are Buys for ‘25, Analysts Say. Don’t Worry About Tesla and Alphabet.
Uber Technologies and Lyft stocks were rising Monday after two analysts shared optimistic views about the ride-hailing platforms despite concern about competition with autonomous vehicles. Both Uber ...
Wall Street Lunch: Fubo Soars On Disney Deal
Deal to create new multichannel video distributor also settles litigation. Nvidia gets another accolade. Citi gets defensive.