On Holding to repurchase up to $1bn by end-2029
On Holding said it intends to repurchase up to $1bn of its class A ordinary shares by the end of December 2029, citing a strong balance sheet and highly cash generative growth.
Updating Wall Street at an investor day, the US-listed company said that, given its strong balance sheet and the highly cash generative nature of its growth, it intends to repurchase up to $1bn of its class A ordinary shares by the end of December 2029. It also confirmed its outlook for the current year.