Lyft (NASDAQ:LYFT) to Buyback $500.00 million in Outstanding Stock
Lyft (NASDAQ:LYFT – Get Free Report) announced that its board has initiated a stock buyback program on Tuesday, February 11th, RTT News reports. The company plans to buyback $500.00 million in outstanding shares. This buyback authorization permits the ride-sharing company to repurchase up to 8.4% of its shares through open market purchases. Shares buyback programs […]
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