Uber, Stock Buyback and Accelerated Share Repurchase

Uber CFO Says Stock Undervalued, Initiates $1.5 Billion Accelerated Stock Buyback
Uber Technologies, Inc. (NYSE:UBER) announced it has entered into an accelerated share repurchase (ASR) agreement with Bank of America to repurchase $1.5 billion worth of stock as part of its previously authorized $7 billion share repurchase program,
Uber To Buyback $1.5 Bln Of Shares Through Accelerated Share Repurchase; Pre-Market Stock Up
Uber Technologies, Inc. (UBER) announced on Monday that it has inked an accelerated share repurchase or ASR deal with Bank of
Uber Sets $1.5 Billion Accelerated Stock Buyback
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 2024, leaving $6.3 billion available for repurchases as of Sept. 30.
Uber rallies after unveiling $1.5 billion accelerated share repurchase program
Uber Technologies (NYSE:UBER) rallied in early action on Tuesday after the company announced that it has entered into an accelerated share repurchase agreement to repurchase $1.5 billion of shares of common stock.
Uber Announces $1.5 Billion Accelerated Share Repurchase Program
This ASR represents a value-enhancing deployment of capital, retiring over one percent of our market cap." Under the ASR agreement, on January 6, 2025, Uber will pay $1.5 billion to the dealer and expects to receive an initial delivery of 18,
Uber’s beaten-down stock is now riding higher, and these two factors explain why
Separately, Wedbush analysts added the stock to their Best Ideas List, arguing the risk/reward is more attractive with the ...
How Uber and Lyft Are Gearing Up for the Robotaxi Revolution
After ending their own driverless plans, the ride-sharing companies are embracing autonomous-vehicle operators and offering ...
Uber CEO Dara Khosrowshahi resigns from self-driving truck startup Aurora’s board
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to ...
Want to drive for Uber, Lyft when Green Bay hosts the NFL draft? Here are 9 things to know
The job search website ZipRecruiter reports Uber drivers in Wisconsin make about $18 per hour and Lyft drivers in Wisconsin ...
Uber, Lyft spent millions pushing for NYC congestion pricing —and stand to make killing
Uber and Lyft poured millions of dollars into efforts to legalize congestion tolling — and they stand to be among the biggest ...
Three Reasons Why I’m Bullish on UBER Stock in 2025
Uber (UBER) shares have had a rough ride in 2024, lagging behind the broader market with only a 12% gain over the last 12 ...
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Uber Joins Goldman’s Conviction List: Read this Before you Buy Though...
Uber’s rally was triggered by the stock being added to Goldman Sachs ( GS) US Conviction List. Shares of Norwegian Cruise ...
Family searching for missing urn’s owner after finding it in Uber
An Olathe family is searching for the rightful owner of a sentimental item found in an Uber; someone seemed to have left ...
Best Stock to Buy Right Now: Uber vs. Lyft
Uber still has a bright future, and its stock still looks cheap at 15 times next year's adjusted EBITDA. However, its ...
Dad claims Uber driver ended journey early and drove off with £1,000 in cash
Sign up for our daily newsletter to get the day's biggest stories sent direct to your inbox A dad has said his Christmas was ...