Robinhood CFO: The Company Has Spent $664 Million to Repurchase 7.5 Million HOOD Shares This Year
2026-07-30 02:48
Odaily reported that Robinhood CFO Shiv Verma stated during the earnings call that Robinhood raised $2.2 billion through a financing round in June, which carries a 0% coupon rate and will not result in any net dilution unless the stock price exceeds $300. Additionally, the company has spent $664 million to repurchase 7.5 million shares so far this year.
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