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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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Chicago Business Barometer Climbs More Than Expected But Still Indicates Contraction
A reading on Chicago-area business activity increased by more than expected in the month of October but continued to indicate contraction, according to a report released by MNI Indicators on Friday. The report said the Chicago business barometer climbed to 43.8 in October after slipping to 40.6 in September. Economists had expected the index to show a more modest increase to 42.3.
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2h 11minuter sedan
Eurozone Inflation Softens On Energy Prices
Eurozone inflation softened in October largely due to the fall in energy prices, while core consumer prices registered a steady growth, official data revealed Friday. The harmonized index of consumer prices rose 2.1 percent on a yearly basis, following a 2.2 percent rise in September, flash estimate from Eurostat showed. Inflation came in line with expectations.
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2h 48minuter sedan
Bay Street May Open On Positive Note
The Canadian market may open on a positive note on Friday as technology stocks are likely to see some brisk buying thanks to encouraging earnings guidance from U.S. tech majors Apple Inc., and Amazon.
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3h 41minuter sedan
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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4h 15minuter sedan
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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5h 7minuter sedan
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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5h 12minuter sedan
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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5h 55minuter sedan
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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6h 5minuter sedan
