Uber Announces $7 Bln Share Buyback
(RTTNews) - Uber Technologies, Inc. (UBER) announced on Wednesday that its Board has approved the buyback of up to $7 billion worth of its common stock.
Following this development, shares saw a 5 percent increase in pre-market trading.
In pre-market activity on the NYSE, the shares were trading at $72.95, up 5.74%.
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