Boeing has agreed to buy back Spirit AeroSystems for $4.7 billion (€4.4 billion) in stock and Airbus moved to take on the supplier’s loss-making Europe-focused activities, sending shares in all three companies higher in a rare transatlantic break-up. The near-two-decade independence of the world’s largest standalone aerostructures company ended in a carve-up between its largest […]
Tag: repurchase
Meta beats expectations on earnings and Q1 outlook, boosts share repurchase by $50 billion
Social media giant Meta (META) reported its fourth quarter earnings after the bell on Thursday beating analysts’ estimates on the top and bottom lines and offered a strong outlook for the first quarter. For the quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. Analysts were anticipating Adj. EPS […]
Meta beats expectations on earnings and Q1 outlook, boosts share repurchase by $50 billion
Social media giant Meta (META) reported its fourth quarter earnings after the bell on Thursday beating analysts’ estimates on the top and bottom lines and offered a strong outlook for the first quarter. For the quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. Analysts were anticipating Adj. EPS […]