Twitter (TWTR) Announces $2 Billion Accelerated Share Repurchase Agreements
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/15/2026
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- Fed’s Warsh says central bank won’t tolerate high inflation
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- IBM misses Q2 targets as mainframe and software sales disappoint
- Verizon planning new round of layoffs this week - Barron’s
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- Lucid Group shares quickly cut in half on report of potential bankruptcy
- HSBC Downgrades IBM (IBM) to Reduce, 'Stretched Valuation'
Twitter, Inc. Announces $2 Billion Accelerated Share Repurchase Agreements
February 11, 2022 8:00 AM ESTSAN FRANCISCO, Feb. 11, 2022 /PRNewswire/ -- Twitter, Inc. ("Twitter" or the "Company") (NYSE: TWTR) today announced it has entered into accelerated share repurchase agreements (ASRs) with Morgan Stanley & Co. LLC and Wells Fargo Bank, National Association (collectively, the "Dealers") to repurchase $2 billion of the Company's common stock. The ASRs were entered into pursuant to Twitter's recently announced share repurchase program, under which approximately $2 billion of share repurchase authorization will remain available upon completion of the ASRs.
Under the ASRs, Twitter will pre-pay the $2 billion purchase price to the Dealers and... More
