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.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.