Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million

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Go back to Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million

Grab Holdings (GRAB) revenue guidance misses, announces share buyback plan

February 22, 2024 1:21 PM EST

Grab Holdings (NASDAQ: GRAB) shares are down more than 8.5% Thursday after the company reported its fourth-quarter earnings, in which it announced its first-ever share buyback program.

The company reported fourth-quarter earnings of $0.01, $0.02 better than the analyst estimate of ($0.01), while revenue for the... More