Since Going Public in 2015, PayPal Has Spent $19 Billion on This 1 Thing
Since going public in 2015, financial technology (fintech) company PayPal Holdings (NASDAQ: PYPL) has generated tens of billions of dollars in profits. Where'd it all go?
It's not only important to know how a company makes money -- it's also important to know how that money is spent. In this article, I'll take a big picture view of PayPal's profits and capital allocation before explaining why I believe shareholders can hope for better returns moving forward.
Since going public, PayPal has spent over $19 billion repurchasing its own shares.
Source Fool.com
Paypal Holdings Inc Stock
€53.70
1.690%
The stock is one of the favorites of our community with 59 Buy predictions and 2 Sell predictions.
As a result the target price of 74 € shows a positive potential of 37.8% compared to the current price of 53.7 € for Paypal Holdings Inc.
