Uber's stock surged after announcing a $1.5 billion share repurchase plan, part of a broader $7 billion buyback initiative.

The author and editors take ultimate responsibility for the content. A repurchase agreement, or repo, is a contract between two parties whereby one party temporarily lends a security to the other ...

Uber Technologies (NYSE:UBER) rallied in early action on Tuesday after the company announced that it has entered into an ...

Milei administration announces US$1-billion repurchase agreement with five international lenders that will help replenish ...

Uber Technologies, Inc. (NYSE:UBER) announced it has entered into an accelerated share repurchase (ASR) agreement with Bank ...

Deal to create new multichannel video distributor also settles litigation. Nvidia gets another accolade. Citi gets defensive.

Uber said the accelerated buyback is part of its inaugural $7 billion repurchase unveiled last February. The company spent $701 million to buy back 10.1 million shares during the first nine months of ...

Uber (UBER) announced that it has entered into an accelerated share repurchase agreement with Bank of America to repurchase $1.5B of shares of ...

Mr. Frank Fuya Zheng, Chief Financial Officer of the Company, commented, "We are pleased with this share repurchase agreement as it reflects our confidence in our long-term growth potential and ...

China’s central bank injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the ...