◆ NeutralNUV
Nu Holdings Announces $1 Billion Share Buyback As Shares Rise
Benzinga·
Nu Holdings approved a $1 billion share repurchase program over 12 months starting June 4, 2026, driven by strong operational performance. The company reported Q1 2026 revenue of $5.32 billion, up 42% year-over-year, and appointed Rob Livingston as CFO effective July 13. Despite strong fundamentals, the stock shows oversold technical signals with RSI at 29.02 and trades 8.3% below its 20-day moving average.
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