Uber CFO Says Stock Undervalued, Initiates $1.5 Billion Accelerated Stock Buyback
Uber Technologies, Inc. (NYSE:UBER) announced it has entered into an accelerated share repurchase (ASR) agreement with Bank of America to repurchase $1.5 billion worth of stock as part of its previously authorized $7 billion share repurchase program,
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 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 6, 2025, Uber will pay $1.5 billion to the dealer and expects to receive an initial delivery of 18,
Is Bank of America Stock a Buy Before Jan. 16?
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Bank of America Corporation (BAC)
Bank of America Corporation announced today that it will redeem all outstanding shares of its Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series MM (CUSIP No. 060505FR0), liquidation ...
Bank of America Corp. stock rises Friday, still underperforms market
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
The revival of America's manufacturing sector will be a major boost to the stock market, BofA strategist says
Manufacturing activity could begin to expand as soon as April of this year, Bank of America strategists said in a recent note ...
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Why Bank of America Corp (BAC) Stock is Currently -3.14% Off from Its 20-Day SMA?
Bank of America Corp (BAC) stock saw a modest uptick, ending the day at $44.38 which represents a slight increase of $0.49 or 1.12% from the prior close of $43.89. The stock opened at $43.93 and ...
1 Warren Buffett Stock to Buy Hand Over Fist in January
Buffett has trimmed some stocks more than others. Integrated oil and gas company Chevron (NYSE: CVX), for example, is ...
Bank of America Lines up 2 Top Picks for 2025
There’s a lot of bullishness about 2025 – and not just because of the 23% gain in the S&P 500 in this outgoing year. Polling ...