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GoDaddy stock bounces after announcing $250 million accelerated stock buyback program

Dow Jones2021-08-12

MW GoDaddy stock bounces after announcing $250 million accelerated stock buyback program

Shares of GoDaddy Inc. $(GDDY)$ bounced 1.6% in premarket trading Thursday, after the web hosting and domain-name registration company announced a $250 million accelerated stock repurchase $(ASR)$ agreement with Goldman Sachs. The program represents about 2.1% of GoDaddy's market capitalization of $11.95 billion at Wednesday's close. The company said its share repurchase program will have about $750 million remaining after the ASR is completed, representing about 6.3% of the GoDaddy's market cap. The company said following completion of the ASR, it will have repurchased more than 9% of its shares outstanding since January 2020. The stock, which closed at a 9-month low of $70.60 on Wednesday, has slumped 14.9% year to date while the S&P 500 has rallied 18.4%.

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评论19

  • xremy
    ·2021-08-13
    Yeh.. Man.. DADDY, U can do it.. 
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  • Jasperr
    ·2021-08-13
    Good News for the share holder 
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  • Shadotaiger
    ·2021-08-12
    buybuy
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  • rou
    ·2021-08-12
    wow
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  • 100EMAS
    ·2021-08-12
    Go Daddy Do Daddy
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  • EZU
    ·2021-08-12
    [得意] 
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    收起
    • Qian18
      GReat
      2021-08-12
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  • Toni1977
    ·2021-08-12
    Like 
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  • suetyee
    ·2021-08-12
    Good
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  • Ken81
    ·2021-08-12
    Like
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  • nelson21
    ·2021-08-12
    pls like and comment
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    • ShawxD
      dome
      2021-08-12
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  • pam07
    ·2021-08-12
    Up
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  • JDO
    ·2021-08-12
    Like please
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    • Ken81
      Done
      2021-08-12
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  • leeesn
    ·2021-08-12
    Like pls
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    收起
    • JDO
      Done
      2021-08-12
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  • KL8388
    ·2021-08-12
    Cool
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    • leeesn
      Ok
      2021-08-12
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  • peterongwk
    ·2021-08-12
    Sugar daddy also have IPO [Cool] 
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  • ckLai
    ·2021-08-12
    Hi
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    • ckLai
      Done
      2021-08-12
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  • Dommm
    ·2021-08-12
    Cool
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    • cuteypie
      good
      2021-08-12
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  • anqiju
    ·2021-08-12
    please like! 
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    • pam07
      Up
      2021-08-12
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    • anqiju
      THanks
      2021-08-18
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  • Evelynqql
    ·2021-08-12
    👍🏻
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