Nu Holdings stock steadies after $1 billion buyback move

Nu Holdings Ltd. is struggling to steady. Shares of the Nubank parent ended Wednesday at $11.62, off 2.19%. In pre-market trade on Thursday, NU ticked up a bit, a small lift but the stock is still hovering near its 52-week low after stumbling at the start of June. For investors, the question has moved past growth. Now it’s about whether Nu can keep pushing credit in Brazil and Mexico without sacrificing too much margin.

BlackBerry Stock Rally Faces New Test as 26.8 Million-Share Buyback Starts

BlackBerry Stock Rally Faces New Test as 26.8 Million-Share Buyback Starts

BlackBerry Limited kicks off a fresh share buyback this week, giving the Canadian software firm the green light to repurchase as many as 26,785,714 common shares. That approval comes just after the company’s U.S.-listed shares touched their highest point in over a year. The Toronto Stock Exchange cleared the normal course issuer bid—industry-speak in Canada for this kind of repurchase program—the company disclosed in a filing.
LSEG stock dips in London after buyback update — what investors watch next

LSEG stock dips in London after buyback update — what investors watch next

London Stock Exchange Group plc fell 1.9% to 8,390 pence as of 0901 GMT on Wednesday, after it kicked off another share buyback program. On March 3, the company picked up 607,615 shares at an average price of 8,594.76 pence each, spending about 52 million pounds. Those shares, LSEG said, will be cancelled. Once the move is complete, the group’s total voting rights will shrink to 504.7 million.