BUZZ-EBay rises after additional $3 bln buyback

Reuters12-17

** E-commerce platform eBay shares EBAY.O rise 2.3% to $65.10 after the bell

** Co disclosed additional $3 bln share buyback – SEC filing

** In Feb 2024, EBAY authorized incremental $2 bln buyback in addition to $4 bln authorized in 2022; co has ~$2 bln remaining for share buyback as of Sept. 30 – quarterly filing

** Up to Monday's close, EBAY had risen 45.9% YTD

(Reporting by Rishi Kant in Bengaluru)

((Rishi.Kant@thomsonreuters.com))

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