Maplebear Board Approves $500 Mln Share Repurchase Program
(RTTNews) - Delivery company Maplebear, Inc. (CART) revealed Thursday in a form 8-K filed with the U.S. Securities and Exchange Commission that its Board of Directors have approved a share repurchase program with authorization to purchase up to an aggregate of $500 million of the Company's common stock. The Share Repurchase Program has no expiration date.
At the time of the authorization, no capacity remained under the $1 billion share repurchase program previously authorized by the Board in November 2023 and February 2024, which program resulted in the repurchase of approximately 34 million shares.
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Home Depot Partners Instacart To Offer Same-Day Delivery In As Fast As An Hour
Grocery delivery company Instacart (CART) and The Home Depot, Inc. (HD), the world's largest home improvement retailer, announced Thursday a nationwide partnership to offer same-day delivery in as fast as an hour from nearly 2000 store locations.
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Taiwan Shares May Take Further Damage On Thursday
The Taiwan stock market and Wednesday wrote a finish to the five-day winning streak in which it had rallied more than 2,150 points or 4.6 percent. The Taiwan Stock Exchange now sits just above the 49,800-point plateau and the losses may accelerate on Thursday.
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Soft Start Anticipated For Singapore Stock Market
The Singapore stock market on Wednesday halted the two-day winning streak in which it had climbed more than 65 points or 1.2 percent. The Straits Times Index now sits just above the 5,600-point plateau and it's expected to open under water again on Thursday.
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Lower Open Called For Malaysia Stock Market
The Malaysia stock market on Wednesday wrote a finish to the three-day winning streak in which it had collected just 4 points or 0.2 percent. The Kuala Lumpur Composite Index now sits just above the 1,610-point plateau and it may open in the red again on Thursday.
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Japan Stock Market May Extend Wednesday's Losses
The Japan stock market on Wednesday ended the two-day winning streak in which it had climbed almost 2,400 points or 3.4 percent. The Nikkei 225 now sits just above the 70,030-point plateau and it may take further damage on Thursday.
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South Korea August Current Account Surplus $46.11 Billion
South Korea posted a current account surplus of $46.11 billion in August, the Bank of Korea said on Thursday - up from $42.08 billion in July.
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Losing Streak May Continue For South Korea Shares
The South Korea stock market has moved lower in back-to-back sessions, slumping nearly 200 points or 3 percent along the way. The KOSPI now sits just above the 6,800-point plateau and it may extend its losses on Thursday.
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Japan Current Account Data Due On Thursday
Japan will on Thursday release August figures for its current account, highlighting a modest day for Asia-Pacific economic activity. Forecasts suggest a surplus of 3.194 trillion yen, up from 2.989 trillion in July.
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