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News Digest / Ticker: UBER

Ticker: UBER
08:04am, Monday, Jan 06, 2025
Uber Accelerates Share Buyback with $1.5 Billion ASR Agreement, Boosting Investor Confidence and Stock Value
Uber Technologies, Inc. (NYSE: UBER) launches a $1.5 billion accelerated share repurchase agreement, part of a $7 billion buyback plan. Shares rise 5% amid plans to enhance shareholder value and free cash flow, with buybacks expected by Q1 2025.
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