You are here

Amazon to buy back US$5b of shares

Thursday, February 11, 2016 - 06:36


[BENGALURU] Inc, the world's largest e-commerce company, said on Wednesday its board authorised a US$5 billion share buyback programme.

The buyback replaces the US$2 billion repurchase programme approved in 2010. The company had US$763 million remaining under the previous plan.

The company's shares rose 1.5 per cent to US$498 in after-hours trading.


Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom