---
schema_version: "secwatch.filing_event.v1"
accession: "0001552781-24-000039"
form_type: "8-K"
ticker: "UBER"
cik: "0001543151"
company_name: "Uber Technologies, Inc"
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:19:21.036147+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Uber authorizes $7B share buyback; targets 90%+ FCF conversion, mid-high teens GB growth

## Summary
- Board authorized $7B in common stock repurchases, first-ever such program, starting with offsetting stock-based compensation.
- 3-year outlook: Gross Bookings mid-to-high teens CAGR, Adjusted EBITDA growth high 30s-40% CAGR, FCF >=90% of Adj. EBITDA annually.
- CFO Prashanth Mahendra-Rajah stated buyback reflects confidence in strong financial momentum.
- Investor update presentation held Feb 14 detailing strategy and capital allocation plan.
- Company expects to sustainably reduce share count over time, beginning with actions to partially offset SBC.

## SEC filing metadata
- accession: 0001552781-24-000039
- form_type: 8-K
- ticker: UBER
- cik: 0001543151
- company_name: Uber Technologies, Inc
- filed_at: 2024-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1543151/000155278124000039/0001552781-24-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1543151/000155278124000039/e24041_uber-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001552781-24-000039
- JSON: https://secwatch.observer/filing/0001552781-24-000039.json
- Plain text: https://secwatch.observer/filing/0001552781-24-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.