Grab Holdings (GRAB) CFO Peter Oey told the Wall Street Journal in an interview that the company is hoping to begin its newly announced $500M share buyback soon. “We would definitely like to see things happening this year,” Oey said. “Doing a share buyback for us is probably the right approach right now, and it also gives us the flexibility for us to make those purchases,” depending on the stock price moves, and it helps reduce the share count which is important for shareholders,” the CFO added.
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