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HSBC announces $3 billion share buyback after second-quarter profit plunges 29%

A view of the logo of HSBC bank on a wall outside a branch in Mexico City, Mexico, on June 14, 2024. Henry Romero | Reuters Europe’s largest lender HSBC on Wednesday missed second-quarter profit expectations, mostly on account of impairment charges, according to the bank. The bank also announced a share buyback of $3 … Read more

Sound Group Stock Skyrockets on $4 Million Share Buyback

Listen up, folks, because we’ve got a stock that’s absolutely exploding today, and it’s got everyone talking! As of this writing, Sound Group Inc. (NASDAQ: SOGP) is lighting up the market with a jaw-dropping 36.5% gain, trading at $1.81. This audio-centric social and entertainment company out of China just dropped a bombshell announcement this morning … Read more

Sony shares rise in choppy trade as PlayStation maker announces $1.7 billion share buyback

The Sony Group Corp. logo displayed on a screen at the Combined Exhibition of Advanced Technologies (Ceatec) in Chiba, Japan, on Wednesday, Oct. 16, 2024. Bloomberg | Bloomberg | Getty Images Sony Group shares rose over 2% on Wednesday in volatile trading after the Japanese conglomerate announced a share buyback of up to 250 billion … Read more

Mantra CEO says team is finalizing burn program details, buyback is well underway

Key Takeaways Mantra is finalizing a token burn program for the OM token. OM token has faced significant price decline due to large liquidations. Share this article John Patrick Mullin, Mantra’s co-founder and CEO, has stated that the team is finalizing its token burn program and actively working on a buyback plan. Both efforts come … Read more

Will dYdX Buyback Program Pump DYDX Crypto In April?

dYdX, a prominent decentralized trading platform, has launched its inaugural buyback initiative, sparking intrigue within the crypto community. This strategic move allocates 25% of the platform’s net protocol fees to repurchase DYDX tokens from the open market monthly. Based on 2024 revenue data, this could translate to an impressive $11 million worth of DYDX tokens … Read more

MOVE eyes 65% rally as $32m buyback plan sparks whale accumulation

MOVE soared to a 2-month high as it parted ways with a malicious market maker, which triggered a renewed interest among whales. According to data from crypto.news, Movement (MOVE) surged 32% to an intraday high of $0.594 on March 26 afternoon Asian time, while its market cap stood at $1.36 billion. Its daily trading volume … Read more

GM raises quarterly dividend, initiates $6 billion stock buyback

DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to reward investors amid slowing industry sales and profits. GM announced Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. … Read more

Jupiter announces JUP buyback policy starting Monday

Key Takeaways Jupiter Exchange will allocate 50% of protocol fees to buy back and lock JUP tokens for three years. The buyback initiative follows discussions about platform improvements and potential acquisitions within the Solana ecosystem. Share this article Jupiter Exchange will allocate 50% of its protocol fees to buy back and lock JUP tokens for … Read more

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