Electronic Arts (EA) announces $1 billion accelerated stock buyback
This initiative will push EA's total stock repurchases to $2.5 billion.
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This initiative will push EA's total stock repurchases to $2.5 billion.
The company notes that it did not repurchase shares in fiscal 2023.
A significant portion of Apple financing expenses were spent on common stock buybacks throughout its 2023 fiscal year.
If this story sounds familiar, that's because Google also did this almost a year ago to this date.
The rumored stock buyback isn't happening right now, but may occur in 2023.