Grab Holdings Limited Share Repurchase Program
Grab Holdings Limited announced its intention to complete the remaining $900 million of its share repurchase authorization over the next 12 months. This action underscores management's confidence in the company's financial strength and long-term prospects. The repurchases, funded by existing cash reserves, will bring the cumulative repurchases since 2024 to approximately $1.75 billion. The company stated that the decision is driven by strong conviction in its business performance and the opportunity presented by the current market valuation of its shares. Grab maintains a robust cash position, with $7.4 billion in gross cash liquidity and $5.4 billion in net cash liquidity as of June 30, 2026, enabling continued investment in growth while returning capital to shareholders. The repurchases will be executed through various means, subject to market conditions and applicable laws. The Board of Directors will periodically review the program.