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Maplebear Board Approves $500 Mln Share Repurchase Program
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(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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Rebound Anticipated For Taiwan Stock Market
The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.
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Japan Retail Sales Add 0.3% In July
The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.
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Singapore Stock Market May Add To Its Winnings On Friday
The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.
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Japan Industrial Output Sinks 1.6% In July
Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.
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Japan Jobless Rate Falls To 2.3% In July
The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.
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Tokyo Overall Inflation Climbs 2.6% On Year In August
Overall consumer prices in the Tokyo region of Japan - considered a leading indicator for the national trend - were up 2.6 percent on year in August, the Ministry of Communications and Internal Affairs said on Friday.
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Malaysia Shares Tipped To Remain Rangebound On Friday
The Malaysia stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,585-point plateau and it may tick higher again on Friday.
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