24 Wed.
Uber's Share Buyback Signals Confidence After Profitable Year
우버, 연간 흑자 기록 후 자사주 매입으로 자신감 표명
Uber Technologies announced a $7 billion share buyback following a successful year marked by its first annual net profit since going public. The decision reflects Uber's strong financial performance, driven by a solid recovery in the ride-share sector and continued growth in its food delivery business. This move is seen as a vote of confidence in the company's financial momentum.
Expectations for the next three years include mid-high teens percentage growth in gross bookings and high 30s-40% growth in adjusted core profits. As such, the company is anticipated to maintain a sufficient amount of cash flow in the years to come. These projections underscore Uber's commitment to sustaining its positive financial trajectory.
Uber's achievement of its first annual net profit in 2023, coupled with a significant increase in free cash flow, demonstrates the company's resilience. Its ability to capitalize on emerging opportunities is impressive too. With a strong financial foundation, Uber aims to optimize its capital structure while continuing to invest in growth initiatives.
