Robinhood repurchases stock for about $290 million alongside convertible note offering

Robinhood

Robinhood

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  • Robinhood used offering proceeds to repurchase about 2,700,000 shares for about USD 290 million.
  • The buyback was paired with a capped call designed to limit dilution from USD 2.2 billion of 0% senior convertible notes due Oct. 1, 2029.


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