Meta Platforms Shares Surge 23% on Cost Cuts, Stock Buyback
Facebook parent
Meta Platforms Inc.
META 23.28%
shares soared to their best day in nearly a decade after the company embraced…
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Browsing Tag
share buybacks
WSJ News Exclusive | Activist Investor Ryan Cohen Takes Stake in Alibaba and Pushes for More Stock…
Activist investor
Ryan Cohen
has built a stake in
Alibaba Group Holding Ltd.
BABA 3.41%
worth hundreds of…
Elon Musk Says Tesla Share Buyback Could Depend on Severity of Any Recession
Elon Musk
says
Tesla Inc.’s
decision on a share buyback could be influenced by the severity of any…
Elon Musk Calls Tesla ‘Recession-Resilient’ as Wall Street Eyes Demand
Elon Musk
is calling
Tesla Inc.
TSLA -6.65%
“recession-resilient,” dangling a potential share repurchase…
WSJ News Exclusive | Tencent Considers More Stake Sales to Fund Share Buybacks, Future Growth
Tencent
TCEHY 1.08%
Holdings Ltd. is looking into shedding more of its huge investment portfolio as the Chinese social-media and…
TikTok Owner ByteDance Offers to Buy Investors’ Shares After Scrapping IPO Plan
SINGAPORE—China’s ByteDance Ltd. is offering to buy back shares from its investors, allowing them the chance to cash in after the TikTok owner ruled out plans for an initial public…
Alibaba to Buy Back Up to $25 Billion of Stock
Alibaba Group Holding Ltd.
BABA 11.00%
boosted its share buyback program to $25 billion from $15 billion, in a bid…
Amazon Board Approves 20-for-1 Stock Split, $10 Billion Share Repurchase
Amazon.
AMZN 2.40%
com Inc.’s board on Wednesday approved a 20-for-1 stock split and authorized the e-commerce giant to repurchase up to…
Twitter Profit Drops; Company Says Apple Impact Largely Avoided
Twitter Inc.
TWTR 5.14%
on Thursday posted lower-than-expected profit as expenses climbed but said it largely dodged the impact of…
Nintendo Needs More Than Flashy Buybacks
A surprise share buyback from Japanese gaming champion Nintendo should help soothe investors who have held on as the stock dropped more than 10% this year.
Nintendo is…