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Tesla stock was trading at $183.20 after hours on Wednesday, and its market capitalization has plunged by almost $700 billion since its peak a year ago. Musk said during Tesla’s Q3 earnings call ...
The BPL Group and Japanese electronics major Sanyo Electric Company Ltd formally started their 50:50 joint venture. The partners, who had shared a long-standing relationship since 1982, had been off the market for about two years, going through some tough times. In the year 2006, they decided to get back in action together to regain lost market ...
Buckeye Partners, formerly known as the Buckeye Pipeline Company, is a distributor of petroleum in the East and Midwest areas of the United States. A direct descendant of Standard Oil, the company is considered one of the largest independent oil pipelines in the United States. [ 3] Its global headquarters is located in Houston 's River Oaks ...
Per a recent Form 4 filing, Amazon bought roughly $200 million worth of Rivian stock at its IPO price of $78 per share. The buy worked out to 2,564,102 shares in total, worth a hair under the ...
Amazon.com, Inc., is an American electronic commerce and cloud computing company headquartered in Seattle, Washington. Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [ 1] The funds gained from the IPO allowed Amazon to ...
French startup Back Market has raised another mega round of funding. In May, the company raised a $335 million Series D round. Today, the company is announcing a $510 million Series E round, which ...
In June, however, Buffett didn't buy back any shares of either class of stock for the first time since May 2022. On top of that, share repurchases for the entire quarter totaled a measly $345 million.
Share repurchase, also known as share buyback or stock buyback, is the reacquisition by a company of its own shares. [ 1] It represents an alternate and more flexible way (relative to dividends) of returning money to shareholders. [ 2] When used in coordination with increased corporate leverage, buybacks can increase share prices.