Uber has unveiled an inaugural $7bn share buyback programme, days after reporting its first full year of operating profit, making it the latest Silicon Valley company to step up its returns to shareholders.

The move comes after Facebook parent Meta announced its debut dividend this month, triggering a record leap in its stock price, while home rental site Airbnb expanded its buyback programme by $6bn on Tuesday. Read more on Uber’s share buyback here: https://on.ft.com/49fSw3e

#Nostr | #growNostr | #Press | #PLEBchaiN | #Newstr

Related Articles