DoorDash (DASH) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
DoorDash recently announced a new share repurchase program, authorizing the buyback of up to $1.1 billion of its Class A common stock, coming on the heels of completing a $750 million repurchase in the prior fiscal quarter. The company’s board will continue to evaluate additional repurchase programs, taking into consideration the company’s financial position, cash flow forecasts, and other potential investment opportunities. While the program allows for stock repurchases through open market transactions or private deals, it’s not a commitment to buy a specific number of shares and can be halted depending on company discretion and market conditions.
For further insights into DASH stock, check out TipRanks’ Stock Analysis page.