PayPal: share buybacks announced with quarterly results

(CercleFinance.com) - On the occasion of its quarterly publication, PayPal announces that its Board of Directors has authorized a new $15 billion share repurchase program, in addition to the $4.
86 billion remaining from the previous program.

For the fourth quarter of 2024, it reports adjusted EPS growth of 5% to $1.19, as well as a non-GAAP operating margin down 34 basis points to 18%, on revenues up 4% to $8.4 billion.

With full-year adjusted EPS up 21% to $4.65, the payment solutions group expects this to rise to between $4.95 and $5.10 for fiscal 2025 (including $1.15 to $1.17 for the first quarter).

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