Uber’s $1.5B Stock Buyback: Legal and Investor Impact
What Uber’s $1.5B Buyback Means for Law and Investors.
When Uber announced it was buying back $1.5 billion worth of its own stock, the reaction was quick: the markets took notice, analysts weighed in, and investors saw it as a sign of confidence.
After all, companies don’t spend billions unless they believe their stock is undervalued, right?
But for those of us who work in and around the legal world, this kind of move raises a whole different set of questions.
Because behind every shiny buyback announcement, there’s a legal story. And with Uber , a company that’s still evolving from high-growth disruptor to corporate heavyweight that story is worth telling.
What Exactly Is a Stock Buyback?
Let’s start with the basics. A…
