Etsy (ETSY) announced that its Board of Directors has approved a new $750M share repurchase authorization. When combined with the estimated remaining capacity of over $200M under the company’s existing share repurchase Board authorization, Etsy will have authorization for close to $1B of potential future share repurchases.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ETSY:
- Etsy price target lowered to $60 from $73 at Citi
- Etsy price target lowered to $60 from $70 at Jefferies
- AMZN, ETSY, GOOGL, META, & RDDT: Truist Analyst Sees These Stocks Benefiting from Record Holiday E-Commerce Spending
- Etsy initiated with a Neutral at BNP Paribas Exane
- Unusually active option classes on open November 21st