Maplebear Board Approves $500 Mln Share Repurchase Program
(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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Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the Asian session on Wednesday.
The Canadian dollar rose to more than a 4-1/2-month high of 0.8943 against the Australian dollar, from yesterday's closing value of 0.8955.
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Japan Leading Index Data Due On Wednesday
Japan will on Wednesday see October results for its leading and coincident indexes, highlighting a light day for Asia-Pacific economic activity.
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TSX Ends Shortened Session On Firm Note
The Canadian market ended the shortened trading session on Tuesday modestly higher thanks to gains in energy and technology sectors. The volume of business remained rather thin as investors refrained from making significant moves ahead of Christmas and Boxing Day holidays.
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Swiss Franc Weakens Against Most Majors
The Swiss franc declined against its most major counterparts in the New York session on Tuesday.
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Pound Climbs Against Majors
The pound rose against its major counterparts in the New York session on Tuesday.
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European Stocks Close Higher On Thin Volumes Ahead Of Christmas Holidays
European stocks posted marginal gains in the shortened trading session on Tuesday, with investors mostly staying away on the sidelines ahead of Christmas holidays. Some major markets in the region remained shut for Christmas Eve.
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Bay Street Likely To Open Slightly Higher
Canadian shares are likely to open higher on Tuesday, and trading may be a bit lackluster and volumes rather thin as the market will close at 1 pm, and remain closed on Wednesday and Thursday for Christmas and Boxing Day holidays.
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