- 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
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Electronic Arts announces $2.6B stock buyback plan