Expedia Group Announces $5 Billion Share Repurchase Authorization
Portfolio Pulse from Benzinga Newsdesk
Expedia Group has announced a $5 billion share repurchase authorization, indicating the company's confidence in its own stock and potentially leading to a rise in its share price.

November 02, 2023 | 8:03 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Expedia Group's $5 billion share repurchase authorization could lead to a rise in its share price.
Share repurchase programs are often seen as a sign of a company's confidence in its own stock. By reducing the number of shares outstanding, it can increase earnings per share and return on equity, which can lead to a rise in the share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100