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

Uber Technologies said on Wednesday (Feb 14) it would buy back up to US$7 billion worth of company shares for the first time ever following a strong recovery in ride-share and healthy demand at its food delivery business. The company's shares rose nearly 6 per cent to US$72.95 in trading before the bell.
Prashanth Mahendra Uber Technologies Meta Platforms

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