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Grab Holdings Limited entered into an accelerated share repurchase agreement with JPMorgan Chase Bank, National Association for $250 million and a contingent forward purchase agreement with Morgan Stanley & Co. LLC for up to $150 million to repurchase up to $400 million of its Class A ordinary shares under its $500 million program authorized in February 2026. This demonstrates management's confidence in Grab's financial strength, robust balance sheet, and long-term growth trajectory.
Event Type
Disclosure
Voluntary
Variant
6-K
Current Report on Form 6-K
Buyback Auth.
$500 million share repurchase program authorized by Grab's Board of Directors in February 2026
Material Agreement