Grab Holdings Limited (GRAB), a Singaporean ride-hailing, food delivery, and digital payment solutions provider, has announced that its Board has authorized a share repurchase program to buy back up to $500 million of shares.
In addition, the company has initiated guidance for the full year. For fiscal 2026, the company expects adjusted EBITDA of $700 million to $720 million, with revenue of $4.04 billion to $4.10 billion.
For fiscal 2025, Grab Holdings has posted adjusted EBITDA of $500 million, on revenue of $3.370 billion.
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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.