Grab Holdings Limited announced plans to complete the remaining approximately $900 million of its authorized share repurchase programs over the next 12 months, subject to market conditions and the trading price of its Class A ordinary shares. Full completion would bring Grab's cumulative repurchases since its first buyback program launched in 2024 to a total of almost $1.75 billion. The repurchases will be funded from existing cash reserves, with gross cash liquidity of $7.4 billion and net cash liquidity of $5.4 billion as of June 30, 2026. Chief financial officer Peter Oey said the company's conviction has strengthened, not softened, and that progress toward its 2028 targets gives it the visibility to commit capital at this scale. Grab currently carries a Zacks Rank #3 (Hold).
Astera Labs, Inc.
Appian CorpGrab Holdings LtdGrab plans to complete ~$900M of share buybacks within 12 months, funded from its $7.4B gross cash liquidity.
