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GoPro Board Authorizes Addl $40 Mln Buyback Of Its Class A Common Stock
(RTTNews) - GoPro, Inc. (GPRO) announced Wednesday that its board of directors has authorized the company to repurchase an additional $40 million of its Class A common stock.
GoPro expects to fund repurchases through cash generated from operations. GoPro's stock repurchase program has no time limitations and may be modified, suspended, or discontinued at any time.
In 2022, the board of directors authorized the repurchase of up to $100 million of its Class A common stock, of which $40 million was repurchased in 2022. The cumulative remaining authorized amount for repurchase of Class A common stock as of February 9, 2023, is $100 million, of which $5 million has now been repurchased in 2023.
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Australian Market Trims Early Gains In Mid-market
The Australian stock market is trimming its early gains in mid-market moves on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with strong gains in gold miner stocks partially offset by weakness in technology stocks.
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vor 17 Minuten
Asian Markets Trade Mixed
Asian markets are trading mixed on Friday, following the negative cues from Wall Street overnight, amid renewed uncertainty about the outlook for interest rates after Fed Chair Jerome Powell said a further reduction in rates in December is "not a foregone conclusion. Positive developments out of US President Donald Trump's meeting with Chinese President Xi Jinping is aiding market sentiment.
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vor 23 Minuten
Sensex, Nifty Likely To Open On Cautious Note
Indian shares are seen opening on a cautious note Friday, tracking mixed cues from global markets.
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vor 1Std 17 Minuten
Japanese Market Sharply Higher
Extending the gains in the previous two sessions, the Japanese market is sharply higher on Friday, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 52,200 level to fresh all-time highs, with gains in index heavyweights, exporters and technology stocks partially offset by weakness in automakers and financial stocks.
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vor 2Std 9 Minuten
Australian Market Notably Higher
The Australian stock market is trading notably higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,900 level, with gains in gold miners and financial stocks.
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vor 2Std 43 Minuten
U.S. Dollar Advances Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Thursday.
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vor 5Std 9 Minuten
Swiss Market Settles Slightly Down
The Switzerland market ended slightly down on Thursday, after languishing in the red almost right through the day's session, with investors reacting to corporate earnings updates, and a report showing signs of an improved outlook in the Swiss economy.
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vor 9Std 5 Minuten
European Stocks Close On Mixed Note After Central Bank Decisions, Earnings Deluge
European stocks turned in a mixed performance on Thursday as investors reacted to a slew of corporate earnings announcements from the region, and digested the interest rate decisions of the Federal Reserve, the European Central Bank and the Bank of Japan.
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vor 9Std 26 Minuten
