Zillow Group Inc. is almost done selling all the homes it bought in a flurry that led to a flameout of its iBuying business, but its plans for the future Read more
Tag: Share Capital
PayPal’s buyback history has been ‘very poor.’ Can a new CFO help change that?
PayPal Holdings Inc. pleased investors when it announced a new $15 billion buyback authorization alongside a suite of other shareholder-friendly moves earlier this week. Now investors will have to hope Read more
AMTD Digital adds more than $250 billion in market cap in 7 days
Early investors in AMTD Digital Inc. have basically won the lottery, as the Hong Kong-based digital business developer’s stock has zoomed 3,165% higher over the past seven days. The stock Read more
Airbnb beats on earnings, promises $2 billion in stock repurchases
Airbnb Inc. said Tuesday that it had its first profitable second quarter as a public company, and that it is so confident in its business that it is buying back Read more
BP raises dividend and buyback after profit surge
BP PLC BP, -1.91% on Tuesday reported that its profits rose further in the second quarter of the year, and increased both the dividend and the quarterly share buyback. The Read more
SPAC Foresight Acquisition Corp. II files to withdraw IPO
Blank-check company Foresight Acquisition Corp. II on Thursday filed to withdraw its initial public offering with the U.S. Securities and Exchange Commission. The company said it has “abandoned the initial Read more
Instacart plans to go public before year’s end, despite a frozen IPO market
Instacart Inc. expects to go public before year’s end, according to people familiar with the matter, earlier than many on Wall Street had expected amid a frozen market for new Read more
Shell profits hit Q2 record, announces $6 billion buyback
Shell PLC SHEL, +0.99% on Thursday reported a jump in its profits to a record high in the second quarter and announced a share buyback of $6 billion while keeping Read more
Best Buy adds to retailer woes, cutting outlook as end of PC boom takes its toll
The end of a boom in personal-computer sales is landing on Best Buy Inc.’s financial statements. The electronics retailer warned investors Wednesday afternoon that it will not hit financial targets Read more
Cannabis SPAC Choice Consolidation returns money to shareholders
The CEO of SPAC Choice Consolidation Corp. said a decision by the special purpose acquisition company to return money it raised in 2021 in its initial public offering represents the Read more