EBay Authorizes $3 Bln Increase For Stock Repurchase Program

(RTTNews) - eBay Inc. (EBAY) disclosed in a regulatory filing on Monday that on December 12, 2024, the Board of Directors of the company authorized an incremental $3.0 billion under its stock repurchase program, in addition to the remaining amounts previously authorized. stock repurchase program has no expiration from the date of authorization.

The company noted that its stock repurchase program may be limited or terminated at any time without prior notice. The timing and actual number of shares repurchased will depend on a variety of factors, including corporate and regulatory requirements, price and other market conditions and management's determination as to the appropriate use of its cash.