eBay announced an additional $3 billion Share Buyback plan.

On December 17th, Gelonghui reported that the E-Commerce platform eBay announced on Monday that the Board of Directors approved an authorization to increase the Share Buyback by 3 billion dollars under the previously disclosed Share Buyback plan. The timing and amount of the repurchase depend on the company's and regulatory requirements, prices, and other market conditions. In addition to the 4 billion dollars authorized for repurchase in 2022, eBay also authorized an additional 2 billion dollars for the repurchase plan in February 2024.

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