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EXPE Buyback image

Expedia Group, Inc. Buyback

OLI recorded this information on 11/2/2023

Company: Expedia Group, Inc.
Buyback: EXPE buyback
$Amount Authorized: $5,000,000,000
Buyback Details: Expedia Group, Inc. (NASDAQ:EXPE) announced today that its Board of Directors has approved a $5 billion share repurchase authorization of the company's common stock, which is effective immediately and is in addition to the company's currently outstanding share repurchase authorization. "The decision to approve a new $5 billion share repurchase authorization reflects our confidence in the long-term outlook of our company and the cash generating power of our business, as well as our commitment to maximizing returns for our shareholders," said Peter Kern, Vice Chairman and CEO, Expedia Group.

Expedia Group is an online travel company. Co. provides travel products and services in the U.S. and abroad as well as various media and advertising offerings to travel and non-travel advertisers. Co. has the following reportable segments: Retail, which provides a range of travel and advertising services to its customers through several consumer brands; B2B, which encompasses its Expedia Business Services organization, which includes Expedia Partner Solutions; Trivago, which is engaged in advertising primarily sending referrals to online travel companies and travel service providers from its hotel metasearch websites.

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EXPE — Key Stats (updated Fri., May. 10, 10:33 AM)
Company Name:  Expedia Group Inc
Stock buyback:  EXPE buyback
Website:  www.expediagroup.com
Sector:  Hotels, Lodging, Restaurants & Travel
Number of ETFs Holding EXPE:  101
Total Market Value Held by ETFs:  $2.38B
Total Market Capitalization:  $14.19B
% of Market Cap. Held by ETFs:  16.79%
 

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May 12, 2024  •  1:18 PM Eastern
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Avg. Broker Rec.

Buy (2.61 out of 4)
9th percentile
(ranked lower than approx. 91% of all stocks covered)

Analysts' Target Price:
EXPE Stock Forecast

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