Uber Sees Demand Accelerating, Approves $23 Billion Buyback The Wall Street Journal Uber beats on revenue, announces $20 billion stock buyback CNBC Uber Boosts Buybacks by $20 Billion After Upbeat Forecast Bloomberg Uber bets on loyalty program to drive growth, unveils $20 billion buyback plan Yahoo Finance Uber Stock Falls After Earnings. It’s Brushing Off the Robo-Taxi Threat. Barron’s Source link
Read More »Tag Archives: buyback
Trips Surge, $20 Billion Stock Buyback, CEO Sees No Slowdown
Uber Technologies (NYSE: UBER) reported fiscal second-quarter 2025 results on Wednesday. The company reported a quarterly revenue growth of 18% year-on-year to $12.65 billion, beating the analyst consensus estimate of $12.46 billion. Uber reported adjusted EPS of 63 cents, which beat the analyst consensus estimate of 62 cents. Revenue from Mobility grew to $7.3 billion, up 19% Y/Y. Delivery was $4.1 billion, up 25%, and Freight …
Read More »HSBC announces $3 billion share buyback after second-quarter profit plunges 29%
A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. The bank also announced a share buyback of $3 billion. It reported profit before …
Read More »