Electronic Arts announces $2.6B stock buyback plan
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Electronic Arts (NASDAQ:EA) has announced a new share repurchase program to buyback up to $2.6B of its common stock.
Repurchases under this new program will begin upon the completion of repurchases under the firm's current authorization that is expected in late September or early October 2022.
The new program will be valid through November 4, 2024.
The video game company recently reported its fiscal first quarter results that were mostly in line with expectations
Read a bullish SA analysis on the stock here