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eBay logoeBay EBAY

eBay said its Board of Directors authorized an additional $3.0 billion under the company's stock repurchase program on December 12, 2024, in addition to the remaining amounts previously authorized.

8-KRegulation FD DisclosureFiled Period of report Summary published (UTC)

Key points

AI summary
  1. eBay said its Board of Directors authorized an additional $3.0 billion under the company's stock repurchase program on December 12, 2024, in addition to the remaining amounts previously authorized.

  2. The company said its stock repurchase program has no expiration from the date of authorization.

  3. eBay said the stock repurchase program may be limited or terminated at any time without prior notice. It also said the timing and actual number of shares repurchased depend on corporate and regulatory requirements, price and other market conditions, and management's determination of the appropriate use of its cash.

  4. The company said the filing is made under Item 7.01, Regulation FD Disclosure, was signed on December 16, 2024, and that the information is furnished and not deemed filed under Section 18 of the Exchange Act.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Additional $3.0 billion Stock Buyback Authorized

eBay said its Board of Directors authorized an additional $3.0 billion under the company's stock repurchase program on December 12, 2024, in addition to the remaining amounts previously authorized.

Source · Based on the filing body and exhibits

No Expiration for Stock Buyback Program

The company said its stock repurchase program has no expiration from the date of authorization.

Source · Based on the filing body and exhibits

Limits on Buybacks and Factors Affecting Timing and Volume

eBay said the stock repurchase program may be limited or terminated at any time without prior notice. It also said the timing and actual number of shares repurchased depend on corporate and regulatory requirements, price and other market conditions, and management's determination of the appropriate use of its cash.

Source · Based on the filing body and exhibits

Item 7.01 Regulation FD Disclosure Furnished, Not Filed

The company said the filing is made under Item 7.01, Regulation FD Disclosure, was signed on December 16, 2024, and that the information is furnished and not deemed filed under Section 18 of the Exchange Act.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.