Block Inc. has announced a $500 million stock buyback program alongside a strategic plan targeting a 30% annual growth in adjusted earnings per share over the next three years. The company aims to achieve $15.8 billion in gross profit by 2028, with adjusted operating income projected to reach $4.6 billion. Key areas of expansion include consumer services, AI tools, and Bitcoin infrastructure, reflecting Block's commitment to innovation and market leadership.
Block Inc. Unveils $500M Stock Buyback and Ambitious Growth Targets
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
