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Home / Business / Jack Dorsey is still Twitter CEO, the company that finally started the stock buyback plan

Jack Dorsey is still Twitter CEO, the company that finally started the stock buyback plan



Twitter Inc. TWTR,
-4.57%
CEO Jack Dorsey’s job was safe after evaluating his leadership abilities required by one of Wall Street’s toughest operating investors, the social networking firm said in a statement. Applications submitted to the SEC on Monday. News and Twitter’s readiness to begin a stock buyback plan it announced shortly before the pandemic, saw Twitter’s shares rise 2% in after-hours trading. Monday’s filing comes eight months after Twitter reached an agreement with Elliott Management to buy back $ 2 billion of its stock, partially financed through a $ 1

billion investment from a private equity firm. Silver Lake. Twitter shares have risen 23% this year. The broader S&P 500 has improved by 2.5% this year.


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