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Sources: Stripe plans a tender offer to buy back shares held by current employees with its own cash; Stripe is offering $27.51 share, implying a $70B


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2024-08-22 18:22:20
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Cybersecurity Business

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Cory Weinberg / The Information:

Sources: Stripe plans a tender offer to buy back shares held by current employees with its own cash; Stripe is offering $27.51/share, implying a $70B valuation  —  Stripe is planning a new tender offer to buy back shares held by employees, but it will finance this one entirely with its own cash, unlike in previous employee tenders.




Cory Weinberg / The Information:

Sources: Stripe plans a tender offer to buy back shares held by current employees with its own cash; Stripe is offering $27.51/share, implying a $70B valuation  —  Stripe is planning a new tender offer to buy back shares held by employees, but it will finance this one entirely with its own cash, unlike in previous employee tenders.



Source: TechMeme
Source Link: http://www.techmeme.com/240822/p28#a240822p28


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