CosmicTaco

Stripe Buys Back Shares at $70 Billion Valuation

CosmicTaco · 2024-11-22T08:05:15.516764+05:30

* Stripe Inc. is repurchasing shares at a $70 billion valuation, the same as its previous share sale. * The deal could result in hundreds of millions of dollars in shares changing hands. * Eligible shareholders, including ex-employees and current investors, have until mid-December to participate. Source: [Bloomberg](https://www.bloomberg.com/news/articles/2024-11-22/stripe-to-buy-shares-in-tender-offer-at-70-billion-valuation)

Stripe Inc. is repurchasing shares at a $70 billion valuation, the same as its previous share sale.
The deal could result in hundreds of millions of dollars in shares changing hands.
Eligible shareholders, including ex-employees and current investors, have until mid-December to participate.

Source: Bloomberg