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Uber unveils $7b share buyback following healthy demand for ride-sharing

Uber will buy back up to $7 billion worth of company shares after a strong recovery in ride-share and healthy demand at its food delivery business.

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Uber unveils maiden $7 billion share buyback after first profitable year

Uber unveils maiden $7 billion share buyback after first profitable year
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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Trending : Uber Launches Its First-Ever Buyback Program, for Up to $7 Billion -February 14, 2024 at 09:46 am EST

09:30 ET Uber Technologies is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. Earlier Wednesday, the ride-sharing company.

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Uber and Lyft Valentine s Day strikes fail to dent shares

Uber and Lyft Valentine s Day strikes fail to dent shares
proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.

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Why Is Uber (UBER) Stock Soaring Today

Shares of ride sharing and on demand delivery service Uber (NYSE: UBER) jumped 12.1% in the morning session after peer, Lyft reported fourth-quarter results indicating growing users, enabling it to beat Wall Street's revenue and EPS estimates. Lyft reported that Rides growth accelerated for the fourth quarter in a row to 26% year on year in the quarter. In addition, Lyft's guidance for Q1 2024 came in ahead of expectations for gross bookings (from which the company generates revenue by taking a

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