Reported 4 months ago
Robinhood Markets has announced a $1 billion share buyback plan over a three-year period, marking its first stock buyback program. The move reflects the company's confidence in its business and its efforts to attract and retain investors by expanding beyond its startup phase. Robinhood's year-to-date gains and strategic decisions are driving this buyback plan, highlighting its intention to grow, reinvest, and introduce new products.
Source: YAHOO