AIBetaKit27 days ago
Shopify boosts buyback by $3 billion amid activist pressure
3 min read
Shopify authorized a $5 billion USD share buyback, adding $3 billion to its February program. The Ottawa e-commerce firm faces an activist investor proposal demanding responsible AI policies ahead of its June 16 annual meeting. Shopify's stock has declined nearly 27 percent since the start of the year.
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