Facebook Raises Target to Repurchase Stock by $9 Billion
"Facebook already announced earlier this year that they were going to buy back $15 Billion in stock and now with the additional $9 Billion the purchase total is $24 Billion, although no timeline has been suggested. Due to a horrible 2018, the stock is trading down almost 40% of the peak price of $217 per share in July, so if they intend to purchase on the open market now would be as good of a time as any."
https://wccftech.com/facebook-raises-target-to-repurchase-stock-by-9-billion/