Uber Announces Inaugural $7 Billion Share Repurchase Authorization

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Go back to Uber Announces Inaugural $7 Billion Share Repurchase Authorization

Uber shares rally after announcing inaugural $7bn share repurchase program

February 14, 2024 7:16 AM EST

(Updated - February 14, 2024 7:31 AM EST)

Uber (NYSE: UBER) shares are up more than 5% premarket Wednesday after it announced its inaugural share repurchase program.

The company has authorized the repurchase of up to $7 billion of the company's common stock. The repurchase program is... More