Stripe Engages in Share Buyback at $70 Billion Valuation

Reported about 21 hours ago

Stripe Inc. is repurchasing shares in a tender offer valuing the company at approximately $70 billion, with a share price set at $27.51. This initiative allows eligible shareholders, including former employees and select investors, until mid-December to participate. The valuation remains consistent with a previous sale earlier this year, reflecting Stripe's continued valuation stability as it hints at a potential initial public offering in the future.

Source: YAHOO

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