Uber sets $20B stock buyback plan

3 hours ago 1
Uber car waiting for customer

MOZCO Mateusz Szymanski/iStock Editorial via Getty Images

Uber (NYSE:UBER) has announced a new $20 billion share repurchase authorization.

“Today’s announcement of a new $20 billion share repurchase authorization underscores our confidence in the business, following yet another quarter of strong top and bottom-line performance,” said Prashanth Mahendra-Rajah, CFO. “Our trailing twelve month free

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