Uber bounces back after unveiling $1.5 billion accelerated share buyback program (NYSE:UBER)


An Uber car is waiting for a customer

MOZCO Mateusz Szymanski/iStock Editorial via Getty Images

Uber Technologies (NYSE:UBER) rallied in early action on Tuesday after the company announced it had entered into an accelerated share repurchase agreement to buy back $1.5 billion in shares. The accelerated buybacks are part of the previously announced $7.0 billion



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