Robinhood launches $1 billion stock buyback
Robinhood management currently expects to execute this buyback program over a two to three year period starting in Q3 2024.
Robinhood management currently expects to execute this buyback program over a two to three year period starting in Q3 2024.
Robinhood will begin launching local language versions of the Robinhood Crypto app, starting with users in Italy, Poland and Lithuania.
Robinhood transaction-based revenues increased 59% YoY to $329 million, driven by cryptocurrencies revenue of $126 million, up 232%.
The potential action may involve a civil injunctive action, public administrative proceeding, and/or a cease-and-desist proceeding.
Robinhood CEO Vlad Tenev: We want to build a world for customers where all of their assets are custodied at Robinhood.
Today, Robinhood rolled all eligible customers off the waitlist and Robinhood is now officially available throughout the United Kingdom.
Rich Paul, the Founder and CEO of KLUTCH Sports Group, was named a strategic brand advisor at Robinhood.
Robinhood has expanded the total number of symbols available overnight in the US to 922.
For the full year 2023 Revenues at Robinhood came in at $1.87 billion, up 37% year-over-year.
Robinhood has agreed to pay $9 million to end a lawsuit brought by people who received “refer-a-friend” marketing messages.