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Opendoor (OPEN) Stock Raises $650M in Convertible Notes and Buys Back 5% of Stock
By Trader Edge at 2026-10-03 11:49
Sentiment: Positive
TLDR Opendoor Technologies raised $650 million through 0% coupon convertible senior notes due 2030. The company repurchased approximately 45.3 million shares at $3.49 per share, totaling $158 million. This is the first share buyback in Opendoor’s history as a public company. After costs, Opendoor adds roughly $440 million to its balance sheet. No net share [...] The post Opendoor (OPEN) Stock Raises $650M in Convertible Notes and Buys Back 5% of Stock appeared first on CoinCentral. Continue reading...
Categories: Stocks
Tags: #Stocks
Source Coin Central