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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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FTSE 100 Modestly Lower; Bank Stocks Among Notable Losers
The UK stock market's benchmark index FTSE 100 is down in negative territory on Friday, weighed down by losses in the banking sector. After nine successive days of gains, the index looks likely to settle on a weak note today.
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CAC 40 Modestly Lower In Cautious Trade After Inflation Data
The French market is modestly lower on Friday with investors reacting to regional inflation data, and recent earnings updates and central bank policy decisions, in addition to weighing the developments on trade and geopolitical fronts.
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il y a 1h 24min
UK Nationwide House Price Growth Softens
UK house prices increased at a slower pace in October as buyers were cautious ahead of the budget, data from the Nationwide Building Society showed Friday. House price posted a monthly growth of 0.3 percent in October, slower than the 0.5 percent rise seen a month ago. Nonetheless, the figure was better than the forecast of nil growth.
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il y a 1h 29min
DAX Drops To 2-month Low
German stocks are down in negative territory on Friday and the benchmark DAX is near two-month lows, as investors, assessing the recent interest rate decisions of the major central banks, and the developments on the trade front, remain cautious and mostly making cautious moves.
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Sensex, Nifty End Lower On Mixed Global Cues
Indian shares ended lower on Friday as renewed foreign investor selling overshadowed upbeat corporate earnings and easing global trade tensions.
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European Shares Subdued Before Key Inflation Reading
European stocks drifted lower on Friday, and the euro consolidated losses ahead of key Eurozone inflation data due later in the day.
Earlier in the day, data showed that French consumer price inflation slowed further below the European Central Bank's target in October despite an unexpectedly strong upswing in the economy.
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il y a 3h 40min
Asian Shares Mixed; Nikkei Sets New Record As Tech Stocks Surge
Asian stocks ended mixed on Friday, with Japan's Nikkei hitting a record high on the back of a weaker yen and strong gains in the tech sector while Chinese and Hong Kong markets retreated after a survey showed China's factory activity shrank for a seventh month in October.
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il y a 3h 59min
Japan Industrial Output Rebounds; Tokyo Inflation Accelerates
Japan's industrial production rebounded at a stronger-than-expected pace at the end of the third quarter and inflation in Tokyo accelerated further in October, official data revealed Friday. Industrial output advanced 2.2 percent month-on-month, in contrast to the 1.5 percent drop in August, the Ministry of Economy, Trade and Industry said. Output was forecast to grow moderately by 1.5 percent.
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