Uber To Buyback $1.5 Bln Of Shares

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 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 CFO Says Stock Undervalued, Initiates $1.5 Billion Accelerated Stock Buyback
Uber (UBER) accelerates $7 billion share repurchase program, enters $1.5 billion ASR agreement with Bank of America to enhance shareholder value.
Uber Technologies Inc. stock rises Monday, outperforms market
Shares of Uber Technologies Inc. UBER rallied 2.66% to $66.31 Monday, on what proved to be an all-around mixed trading session for the stock market, with the NASDAQ Composite Index COMP rising 1.24% to 19,
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.
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 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,
Jim Cramer says now is a good time to buy Uber at a discount
Cramer agreed with Goldman Sachs' Eric Sheridan, who suggested that Uber can produce mid-to-high teens growth in mobility ...
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 ...
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 ...
Courthouse News Service20m
Uber not liable for off-the-clock drivers
The family of a pedestrian who was struck and killed by a motorist may not include uber as a defendant in their wrongful ...
Uber CEO Dara Khosrowshahi resigns from self-driving truck startup Aurora’s board
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to ...
Uber Stock, Lyft Shares Rise as Robotaxi Revolution Approaches
The ride-sharing giants are having a good Monday, following Uber's announcement of a $1.5 billion accelerated ...
How congestion pricing affects Uber, Lyft and taxi rides
Now that congestion pricing is in effect, Uber, taxi and Lyft rides in Manhattan could get a little more expensive. The new ...
Three Reasons Why I’m Bullish on UBER Stock in 2025
Uber (UBER) shares have had a rough ride in 2024, lagging behind the broader market with only a 12% gain over the last 12 ...
Man says airline promised to reimburse $760 Uber ride but didn’t
For the most part, you’re not entitled to a refund because of bad service. Obviously, airlines can still reimburse you for ...