Grab Holdings (GRAB) revenue guidance misses, announces share buyback plan
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Grab Reports Fourth Quarter and Full Year 2023 Results and Announces Inaugural Share Repurchase Program of Up to $500 Million
February 22, 2024 6:11 AM ESTQ4 2023 Revenue grew 30% year-over-year to $653 million Q4 2023 Profit for the period was positive at $11 million Q4 2023 Adjusted EBITDA improved by $146 million year-over-year to $35 million Grabs Board of Directors has authorized the repurchase of up to $500 million of the Companys Class A ordinary shares
SINGAPORE, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the fourth quarter and full year ended December 31, 2023.
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