Uber Applied sciences Inc.’s inventory 12% Wednesday, after the ride-sharing firm introduced its first-ever share-buyback program with its board authorizing the repurchase of as much as $7 billion value of inventory.
The inventory was on observe for a contemporary document shut, in keeping with Dow Jones Market Knowledge, primarily based on data that return to Might 10, 2019. That was the day Uber’s inventory make its buying and selling debut.
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