Market
Will Uber complete its $1.5 billion share repurchase by end of Q1 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Uber's official financial statements and press releases
Story
Uber Initiates $1.5 Billion Share Buyback Under $7B Plan, Shares Rise 3.2%
Jan 6, 2025, 12:07 PM
Uber Technologies Inc. has initiated a $1.5 billion accelerated share repurchase (ASR) program as part of its previously announced $7 billion share repurchase plan. The company began the ASR on January 6, 2025, with an initial delivery of approximately 18.6 million shares. The program is expected to be completed in the first quarter of 2025 and will reduce Uber's market capitalization by over 1%. Following the announcement, Uber shares rose 3.2% in premarket trading. Additionally, Uber has been added to Wedbush's Best Ideas List.
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Similar markets
Yes • 50%
No • 50%
Between 50 million and 75 million shares • 25%
More than 100 million shares • 25%
Between 75 million and 100 million shares • 25%
Less than 50 million shares • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
No significant change • 25%
Decrease • 25%
Increase by more than 5% • 25%
Increase between 1% and 5% • 25%
