Uber To Buyback $1.5 Bln Of Shares

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 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 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 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,
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 ...
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 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 ...
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 ...
Prosecution announces they will not seek death penalty against man accused of killing Uber driver
Calvin Crew, accused of kidnapping and killing an Uber driver in Monroeville, will not face the death penalty.
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 ...
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 ...
Want to drive for Uber, Lyft when Green Bay hosts the NFL draft? Here are 9 things to know
The job search website ZipRecruiter reports Uber drivers in Wisconsin make about $18 per hour and Lyft drivers in Wisconsin ...
Uber's Soars Nearly 4% With a $1.5 Billion Buyback: A Power Move Investors Can't Ignore
Uber's stock just got a serious boost, climbing up to 4% Monday after the company dropped news of a $1.5 billion accelerated ...