Robinhood CFO: The company has spent $664 million this year to repurchase 7.5 million HOOD shares
2026-07-30 02:48
Odaily Odaily Planet Daily News Robinhood CFO Shiv Verma stated during an earnings call that Robinhood raised $2.2 billion in June through a financing round with a coupon rate of 0%, and it will not cause any net dilution unless the stock price exceeds $300. Additionally, the company has spent $664 million year-to-date to repurchase 7.5 million shares.
