eBay (EBAY) Stock Rises After $3 Billion Buyback Authorization

Dec 17, 2024

eBay (EBAY, Financial) shares increased by over 1.6%, reaching $64.7. The rise follows the company's board approval to expand its previously disclosed stock repurchase program by an additional $3 billion. The timing and amount of the buyback will depend on company and regulatory requirements, pricing, and other market conditions.

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